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US Invests in South Africa Mining Project Despite Running Spat as Rare Earths Race with China Heats Up

Summary by The Print
Phalaborwa Rare Earths Project has American support through a $50 million equity investment by the International Development Finance Corporation.

6 Articles

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The Critical Metals company will exploit the largest field of heavy rare earths outside China. They will then be worked in Lousiana, ruled by the special envoy appointed by Trump to control the Arctic island

·Italy
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Mugglehead Magazine broke the news on Monday, May 4, 2026.
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