A bipartisan, federal response is required for the US to compete with China’s ownership of the next generation of transportation, according to a new report from SAFE.

The Longonjo project is slated to be the world's first major rare earth mine to be brought online in over a decade.

The unit was previously punished for environmental violations in 2018 along with a Chinalco subsidiary in northwestern China.

The consortium’s goal is to install a pilot plant at a Jeddo Coal Company site in Pennsylvania capable of producing 1-3 tonnes of rare earth oxides from coal byproducts.

Russia is considering tripling the mineral extraction tax on metals and fertiliser producers to raise revenues, although the Kremlin said no decision had yet been taken.

The new measure would give tax incentives for companies involved in the mining, reclaiming and recycling of critical minerals.