Europe eyes Brazil’s rare earth rush

The European Union is stepping up efforts to secure access to Brazil’s rare earth reserves as Brussels seeks alternatives to Chinese supply chains and responds to growing US interest in the sector, according to diplomats and EU officials. European Commissioner for International Partnerships Jozef Síkela will visit Brazil from June 18-24 to discuss investment projects and supply agreements tied to …

Continue Reading

Canada risks losing critical minerals infrastructure race, PwC warns

Canada risks losing its competitive edge in critical minerals, energy and other strategic sectors unless it accelerates infrastructure investment and project approvals, according to a new PwC Canada report. Canada is projected to invest $4.7 trillion in infrastructure by 2050, but the country is spending a smaller share of its economy on infrastructure than many high-performing peers and risks falling behind …

Continue Reading

Palladium attempts to recover losses as Bank of America maintains a bullish outlook

While markets have been focused on the recent sharp decline in gold prices, the broader precious metals sector has also experienced significant selling pressure, with platinum-group metals suffering some of the steepest losses, according to a report from Bank of America. Both platinum and palladium recently fell to their lowest levels of the year amid continued pressure from the global …

Continue Reading