1. US DFC Takes 20% Stake in Graphite Miner Syrah, Escalating Critical Minerals Race with China
In a direct move to counter China's dominance, the U.S. International Development Finance Corporation (DFC) is converting a loan into a 20% equity stake in Syrah Resources Ltd., a major graphite producer. This is not a standard financial transaction but a strategic intervention, placing a U.S. government agency directl...