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China hopes Australian miner BHP will tap potential for cooperation in emerging areas such as climate change and new energy, while carrying out more mutually beneficial projects, according to a foreign ministry statement on Tuesday.
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The Biden administration on Tuesday will release final guidance on how clean energy companies can secure additional tax credits when investing in U.S. communities economically tied to fossil fuels like oil and coal.
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Six projects outside China, which dominates global rare earth production, plan to extract the critical minerals from waste or byproducts.
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Sweden, South Africa and Australia are at the forefront of a push to transform piles of mine waste and by-products into rare earths vital for the green energy revolution, hoping to substantially cut dependence on Chinese supply.
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A look at the day ahead in U.S. and global markets from Mike Dolan