U.S. Backs Madagascar’s Rare Earths Project ...Middle East

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U.S. Backs Madagascar’s Rare Earths Project
source : OILPRICE ( Middle East ) () 44
The Trump administration has opened another front in the global rare earths race, backing a new project in Madagascar as Washington accelerates efforts to break China’s grip on the critical minerals that power everything from advanced weapons and AI infrastructure to oil refining and electric vehicles. The U.S. International Development Finance Corporation (DFC) has committed up to $4.84 million to Harena Rare Earths’ (OTCQB: CRMNF) Ampasindava project in northern Madagascar. The funding will support pilot plant operations, metallurgical…

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