At its Brussels event, Euromines emphasized that Europe's defense future hinges on securing critical raw materials and deepening international partnerships to reduce reliance on geopolitical adversaries.
As Ukraine grapples with the ongoing conflict with Russia, its vast mineral resources have become a focal point in the global geopolitical landscape.
Mkango Resources has signed a revised land lease with Grupa Azoty Pulawy for a strategic rare earths separation plant in Poland, strengthening Europe’s supply chain for critical materials.
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Ukraine’s rare earth deal with the US is more symbolic than substantive, with no proven reserves and limited strategic value.
US Treasury Secretary Scott Bessent will visit Ukraine to negotiate resource access and strengthen support against Russia.
The EU unveiled a much-anticipated blueprint to revamp Europe's economic model on Wednesday, marking a shift towards a more business-friendly Brussels after five years of heavy focus on green goals.