Western nations are collaborating through the Minerals Security Partnership to support critical minerals projects and reduce China’s dominance in the sector, with a focus on financing and investment in projects like the Kabanga nickel project in Tanzania. The coalition of 14 nations and the European Commission will unveil a new financing network, aiming to attract private investors and miners to the sector. The US is evaluating 30 critical minerals mining projects and working with lower-income countries to provide alternatives to China for financing.
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François Bayrou appointed as France’s new prime minister
François Bayrou, a centrist heavyweight in French politics, has been appointed as the new prime minister following a vote of no-confidence that ended Michel Barnier's minority coalition. Bayrou faces challenges such as Moody's downgrade of France's credit rating due to political instability and the need to navigate the three-bloc impasse in the National Assembly. While Bayrou seeks to build bridges across political divides, concerns remain about potential leftward policy shifts and his leadership style characterized...
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