Trump backs US$50 million investment for South Africa rare earths
Two enormous sandlike dunes at an old chemical processing plant in South Africa are at the centre of an exploratory US-backed project to extract highly sought-after rare earth elements from industrial mining waste. The Phalaborwa Rare Earths Project has US support through a US$50 million equity investment by the government’s International Development Finance Corporation and is part of accelerated US efforts to reduce its reliance on China for the minerals crucial for making electronic devices,...المصدر: South China Morning Post | Source: South China Morning Post
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This article was originally published by South China Morning Post. Khabr is a licensed Jordanian AI-powered news platform (Registration #82086). We add editorial value through: AI-powered news analysis, automated summaries, AI audio narration, multi-language translation (Arabic, English, French, Turkish), and AI fact-checking. Our mission is to make news more accessible and understandable for Arabic-speaking audiences worldwide.
