President Biden announced the U.S. will give $35 million to MP Materials Corp. to process heavy rare earth elements in Southern California as part of a bigger push to challenge foreign dominance in a critical field.
When the U.S. last auctioned big plots of ocean to companies that wanted to build offshore wind farms a few years ago, it raked in a then-record-setting haul of $405 million. That’s set to be obliterated Wednesday, when two dozen companies compete to bid on lease areas off the coasts of New York and New Jersey as the scramble to decarbonize the nation’s electric grid heats up.
Global firms from mining to fashion risk massive compensation payouts in a proposed European Union crackdown on human-rights abuses and environmental breaches set to be unveiled this week.
Surging prices of the raw materials needed for your refrigerators, automobiles, window frames and plumbing show no signs of abating as America’s supply chain crisis spills into another year.
Texas is facing an Arctic blast this week that threatens to leave Dallas blanketed in snow, freeze oil and natural gas production areas and will test the state’s power grid.
The latest supply-chain news, analysis, trends and tools for executives in the chemicals and energy industries. Learn how chemical and energy companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.