DOE Awards Billions to Bolster U.S. Uranium Enrichment Supply Chain

View: Source The Department of Energy has finally awarded billions of dollars in contracts, announced in 2024, for uranium enrichment across low-enriched uranium (LEU) and high-assay LEU (HALEU) production. Three companies—Centrus Energy, General Matter, and the French company Orano—were awarded contracts peaking at approximately $900 million each for HALEU and LEU capacity development. Notable companies left out of the awards include …

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Strategic value, rich critical minerals: Why is US eyeing Greenland?

View: Source Strategically located between North America, Europe, and rich in critical minerals, Arctic island is focus of renewed US interest. – Mineral resources are increasingly seen as vital for modern economies, defense industries – Analysts warn any attempt by US to seize Greenland by force would have severe consequences for NATO BRUSSELS Greenland, an autonomous territory of Denmark, has once …

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Japan condemns China’s dual-use export ban as rare earth curbs loom

View: Source Japan called China’s ban on dual-use exports for its military “absolutely unacceptable” on Wednesday, amid a looming threat of broader curbs on vital rare earths in an escalating dispute between Asia’s top two economies. Dual-use items are goods, software or technologies that have both civilian and military applications, including certain critical minerals essential for making drones and chips. Japanese …

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