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White House And Pentagon Clash Over $80M ReElement Critical Minerals Deal
White House And Pentagon Clash Over $80M ReElement Critical Minerals Deal
The Pentagon is reconsidering an $80 million conditional loan to rare-earths refiner ReElement Technologies, raising tensions with the White House over efforts to reduce US reliance on China for critical minerals, according to Bloomberg.
The loan, announced in November through the Pentagon’s Office of Strategic Capital (OSC), was part of a broader $1.4 billion critical-minerals initiative alongside Vulcan Elements. But officials reviewing the deal have questioned ReElement’s ability to scale production and meet long-term revenue targets, according to people familiar...
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Jun 18, 2026 / Tyler Durden
It Wasn't Fireworks... Social Isolation, Escalating Anger Drove Palisades Arsonist's Desire For Revenge, Jury Told
It Wasn't Fireworks... Social Isolation, Escalating Anger Drove Palisades Arsonist's Desire For Revenge, Jury Told
Explosives and arson experts from the U.S. Bureau of Alcohol, Tobacco, and Firearms this week told a jury in the federal arson case against Jonathan Rinderknecht that fireworks could not have been the culprit.
The 29-year-old Rinderknecht is accused of starting a blaze in the Santa Monica Mountains, which investigators say led to the deadly Palisades Fire of 2025.
“Anyone who was in this area—if there was a firework launched, burning, or landing here—would have seen it....
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Aug 23, 2026 / Tyler Durden
Has Trump Turned The Tables On Iran - Or Is Another Round Of War Coming?
Has Trump Turned The Tables On Iran - Or Is Another Round Of War Coming?
Authored by Trita Parsi via Antiwar.com, reprinted with permission from Trita Parsi's Substack.
The Trump administration believes it has turned the tables on Iran. Washington assesses that the rerouting of maritime traffic through the Omani corridor, combined with a global shift away from Persian Gulf oil, has reduced the effectiveness of Tehran's closure of the Strait of Hormuz. At the same time, the U.S. blockade has sharply constrained Iran's ability to sell its oil. The result,...
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May 25, 2026 / Dave DeCamp
Russia Tells US It Will Start ‘Systematic Strikes’ on ‘Military Sites and Decision-Making Centers’ in Kyiv
Russian media reported on Monday that Russian Foreign Minister Sergey Lavrov spoke with US Secretary of State Marco Rubio and informed him that Russia will begin “systematic strikes” against the Ukrainian capital of Kyiv that will target “military sites and decision-making centers.” According to Russia’s TASS news agency, Lavrov said the attacks were a response […]
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