This marks the first time rare earth magnets are included in Section 301 tariffs, signaling a major go in the US-China trade conflict. The initiative is a component of broader initiatives to bolster US Power and nationwide security.
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On March 1, Aclara acquired its second patent for your method to extract major rare earths from ionic clays in an eco-friendly way. The patent, granted in Chile and legitimate for 20 years, concentrates on the circular mineral harvesting method and establishes a totally enclosed flowsheet.
At the end of July, Mkango's wholly owned subsidiaries and the government of Malawi signed a mining enhancement settlement with the Songwe rare earths venture confirming the fiscal conditions for its progress, together with a ten per cent fascination to Malawi's governing administration and exemption from tailor made and excise obligations imports and exports.
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