Gold price on Tuesday, October 21: Gold starts at $4,371 as rare earths gain attention
Gold Futures Update Gold futures started the day at $4,371 per ounce, reflecting a 0.8% increase from Tuesday’s close of $4,336.40. In initial trading, prices even climbed to $4,393.60. Rare earth minerals have emerged as a significant factor in the ongoing US-China trade conflict. These minerals are essential for manufacturing computer chips, with China accounting […]
Metal detector enthusiast discovers a rare 1782 Spanish silver coin on Nantucket beach
Mysterious 18th Century Coin Found on Nantucket Beach A fascinating piece of history has turned up on a Nantucket beach, all thanks to a dedicated metal detector enthusiast. On October 9, it was reported that Travis Nichols, known locally for his keen eye in locating lost jewelry and other metal treasures, unearthed a Spanish 1 […]
Trump and Albanese finalize $8.5 billion agreement on rare earths to reduce reliance on China
NioCorp’s Grant and US-Australia Agreement on Rare Earths NioCorp’s CEO, Mark Smith, shared during a segment on Mornings with Maria that a $10 million grant from the Department of Defense is set to enhance rare earth initiatives in Nebraska. This comes as the U.S. aims to strengthen supply chains crucial for national security and economic […]
Trump Finalizes Rare Earths Agreement with Australian Prime Minister Anthony Albanese in White House Meeting
WASHINGTON – President Donald Trump and Australian Prime Minister Anthony Albanese have finalized an agreement regarding rare earth elements and critical minerals during a recent meeting at the White House. Fresh from a Middle Eastern trip that resulted in a significant peace agreement and a meeting with Ukrainian President Volodymyr Zelenskiy, President Trump welcomed Albanese […]
Cleveland-Cliffs to manufacture rare earths in the US
In a recent discussion, major U.S. steel manufacturers are looking to enhance domestic production of rare earth minerals. This move seems to be a reaction to China’s increasing control over these resources amidst ongoing trade tensions, particularly with the previous Trump administration. Cleveland-Cliffs, a prominent steel producer based in Ohio, made an announcement regarding this […]
Trump finalizes rare earth mineral agreement with Australia, reaffirms AUKUS pact during China trade conflict
Trump and Albanese Sign Rare Earth Minerals Agreement President Donald Trump revealed a new deal with Australia regarding rare earth minerals, announced earlier this week while tensions with China continue over trade restrictions. In meetings at the White House on Monday, Prime Minister Anthony Albanese discussed how this agreement provides the U.S. access to crucial […]
China’s Grip on Rare Earths Is a Call to Action
China’s Recent Actions Signal a Need for Awareness China’s latest moves should definitely raise alarms. In a significant development, President Trump and Xi Jinping are set to meet face-to-face for the first time in nearly a year. Ahead of this summit, China has revealed plans to tighten its control over rare earth materials, which are […]
Trump strives to close the gap with China’s lead in rare earths
President Trump is urgently addressing a marked escalation in the U.S.-China trade conflict, particularly with implications for critical technology supplies. This week, officials in the Trump administration revealed plans to take a more proactive approach in securing “rare earths,” which are essential minerals used in various key technologies, following China’s recent export restrictions. The new […]
Trump Proposes Ambitious Strategy to Challenge China’s Rare Earth Monopoly
Breaking Free from Reliance on China Happy Friday! Here’s your weekly economic recap. Since last week, China has shown that it can’t be counted on as a reliable supplier, a concept of creative destruction has earned a Nobel Prize, and the Dallas Fed has pointed to companies hiring many Americans as a potential “weakness.” Let’s […]
US officials aim at China’s control over rare earth materials trade
Treasury Secretary and Trade Representative Critique China On October 15, 2025, U.S. Treasury Secretary Scott Bessent and Trade Representative Jamison Greer expressed strong concerns regarding China’s alleged attempts to exert global dominance. They labeled it a “global power grab.” During a press conference, officials from the Trump administration reiterated their focus on China’s commanding position […]