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Sunak to promise 'whatever it takes' in new COVID budget plan

By William Schomberg
LONDON (Reuters) – Finance minister Rishi Sunak will promise on Wednesday to do “whatever it takes”, including a five-month extension of Britain’s huge jobs rescue plan, to steer the economy through what he hopes will be the final months of COVID restrictions.
Sunak has already racked up Britain’s highest borrowing since World War Two and will turn to the bond markets again in his budget speech, saying the task of fixing the public finances will only begin once a recovery is in sight.
“We’re using the full measure of our fiscal firepower to protect the jobs and livelihoods of the British people,” Sunak will say, according to excerpts of his speech which is due to begin around 1230 GMT. ....

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Factbox: Miners gear up global rare earth projects as prices surge | Hellenic Shipping News Worldwide

Factbox: Miners gear up global rare earth projects as prices surge | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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Factbox: Miners gear up global rare earth projects as prices surge

By Reuters Staff
4 Min Read
(Reuters) - Miners are seeking to take advantage of a jump in the prices of many rare earth elements, needed for permanent magnets used in low-carbon technologies as well as myriad other applications such as weapons systems.
Aerial view of the Kringlerne rare earth deposit, where the project is lead by Australian mining company Tanbreez, near the town of Narsaq in southern Greenland, in this undated 2015 handout photo. Tanbreez CEO Greg Barnes/Handout via REUTERS
The rally has been driven by surging demand for electric vehicles as well as concerns that Beijing may restrict sales. ....

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Mining magnets: Arctic island finds green power can be a curse - Netscape Money & Business

Mining magnets: Arctic island finds green power can be a curse - Netscape Money & Business
netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.

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Race for rare earth metals in Greenland underscores the polluting side of clean energy

Rare earth metals are abundant globally, but processing them is difficult and dirty – so much so that the United States, which used to dominate production, surrendered that position to China about 20 years ago ....

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