LIVE FROM WASHINGTON, D.C. JOE: TUESDAY EDITION, AS HOUSE REPUBLICANS LOOK ACROSS THE DIVIDE TO THE UPPER CHAMBER DEFINED PRESIDENT TRUMP'S BIG BEAUTIFUL BILL. I'M JOE MATHIEU ALONGSIDE KAILEY LEINZ IN WASHINGTON. IMPORTANT DAY IN THE NATION'S CAPITAL. WE ARE ABOUT TO LEARN A LOT ABOUT WHAT STAYS AND WHAT MIGHT COME OUT OF THE BILL WITH ACTION ON BOTH SIDES OF THE CAPITAL. KAILEY: SOME OF THAT BEING DRIVEN BY SENATORS WHO WANT CHANGE IN SOME DRIVEN BY PROCEDURE AND THE SENATE PARLIAMENTARIAN WHO IS GOING TO ...

[Music] expect it to be a short meeting with a big strong handshake and uh we'll see but that's what we're expecting. Our expectation is that after the handshake uh then immediately after the handshake any export controls from the US will be eased and the rare earths will be released uh in volume and then we can go back to negotiating smaller matters. [Music] [Music] This was a very significant uh sticking point because uh China controls as you know something like 90% of the rare earths and the magnets and ...

We are [Music] doing well with China. China is not easy. Just like just like your your home country is not easy there. Uh I think we're doing very well. They're over there now. I'm only getting good reports. It's a little early, but they'll be calling in soon. In fact, probably when I get back, I'll have my first call from them. We want to open up China. And if we don't open up China, maybe we won't do anything. But we want to open up China. It'll be a great thing for China, great thing for the rest of the ...

This is an incredibly complex issue, and it underscores a really important point, the fact that we have become so dependent on elements like critical minerals and the permanent magnets we need for our commercial sector, our defence sector, so much so that we actually have to give up a really important national security concerns, including dual use items. I really want to stress the definition of dual use, dual use items that China is seeking us to relax our export controls on are various types of air chips, ...

Let's give you an update on trade talks over in London, The US and China in the same room right now for another round of talks, this time in London, last time around in Geneva on the ground. Bloomberg's Amiri Amiri We've got the officials in the right place. What's next.Well, Jonathan, this really does just feel like a continuation of the negotiations we saw just a month ago in Geneva. And the contours of what we expect is that the US is expecting more access to those rare earths and magnets, something we h ...

Guidance on Application of General Prohibition 10 (GP10) to People's Republic of China (PRC) Advanced-Computing Integrated Circuits (ICs) APPLICABLE REGULATIONS May 13, 2025 SUMMARY This guidance alerts industry to the risks of using PRC advanced-computing ICs, including specific Huawei Ascend chips. These chips were likely developed or produced in violation of U.S. export controls. BIS is warning that, pursuant to GP10, the use of such PRC advanced- computing ICs risks violating U.S. export controls and ma ...

Core Viewpoint - Energy Fuels has developed the technical capability to produce several rare earth oxides at scale, coinciding with President Trump's initiation of a Section 232 investigation into imports of processed critical minerals, which may enhance domestic production and supply chains [1][4]. Company Developments - Energy Fuels has successfully developed technology to produce six of the seven rare earth oxides affected by new Chinese export controls, leveraging its White Mesa Mill in Utah, which can process monazite ore concentrates into separated neodymium-praseodymium oxide [2][6]. - The company has commercial capacity to process up to 10,000 tonnes of monazite concentrate annually, producing up to 1,000 tonnes of NdPr oxide, with plans to increase capacity to 60,000 tonnes in the future [9][10]. - Energy Fuels has established a supply chain for monazite by acquiring three large-scale heavy mineral sands mines, ensuring a long-term supply of monazite concentrates for processing [8][11]. Industry Context - The U.S. government, under President Trump's Executive Order, is investigating the national security implications of importing processed critical minerals, which may lead to increased domestic production and support for companies like Energy Fuels [4][5]. - The company is positioned to address gaps identified in the Executive Order, having a history of producing uranium and vanadium oxides, and recently launching commercial rare earth processing capabilities [5][12]. - Energy Fuels focuses on monazite, which has a high-grade REE content and is produced as a low-cost byproduct of heavy mineral sands mining, providing a competitive advantage in the rare earth market [8][9].