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Event Brief

US to fund African rare earths shunned by private money

The US is stepping in to fund rare earth projects in Africa that private investors have shunned, according to sources. Rare earths are described as essential for magnets used in electric vehicles, wind turbines and defence systems.
WHO: The US (sources)
WHAT: The US moves to provide funding for African rare earths projects that private money has avoided.
WHEN: Reported Aug 19, 2026 at 2:02 PM ET
WHERE: Africa
WHY: Cause not yet established.

Reporting from 2 identified publishers across this event arc.

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