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Richest country on the continent invests $20M in rare earths project

South Africa’s state-owned Industrial Development Corporation is backing Frontier Rare Earths’ Zandkopsdrift project in the Northern Cape, funding a feasibility study for a mine expected to produce rare earths and battery-grade manganese by 2030. The EU, seeking alternatives to Chinese supply, has designated the project a strategic asset, while Frontier explores EU funding partnerships and innovative extraction technology.

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Economic Pressure Mounts on PM Starmer as UK Borrowing Costs Rise

U.K. bond yields rose as Prime Minister Keir Starmer faced mounting pressure over his handling of former ambassador Peter Mandelson’s links to Jeffrey Epstein. The controversy has intensified calls from Labour MPs for a leadership challenge, with analysts warning it could mark a tipping point in Starmer’s premiership.

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