Trump Threatens 100% Tariffs on Countries Imposing Digital Services Taxes on U.S. Tech Firms 
NATO Strengthens Arctic Defense as Russia Expands Military Presence 
White House Seeks $87.6 Billion Emergency Funding for Iran War, Farmers, and Ebola Response 
Wall Street Ends Mixed as Micron Surges, Apple Drops After Price Hikes 
US Senate Approves War Powers Resolution Urging Trump to End Iran Military Action 
Oil Prices Drop as Strait of Hormuz Shipping Recovers 
US Strikes Iran After Strait of Hormuz Attack as Ceasefire Tensions Escalate 
Asian Stocks Sink as Apple Price Hikes Spark AI Valuation Fears, South Korea and Japan Lead Selloff 
Gold Falls Below $4,000 as Strong Dollar and Fed Rate Hike Expectations Weigh on Prices 
South Korea’s KOSPI Plunges as Apple Price Hikes and OpenAI IPO Delay Shake AI Chip Stocks 
U.S. Reviewing Potential F-35 Fighter Jet Sale to Turkey Amid S-400 Dispute 
US Reaffirms Taiwan Arms Sales Policy Despite Trump’s Comments on China 
US Dollar Slips After PCE Inflation Data Eases Fed Rate Hike Expectations 
White House Seeks $1.4 Billion to Combat Growing Ebola Outbreak 
South Korea’s KOSPI Jumps Over 5% as Samsung, SK Hynix Rally on Micron Earnings Boost 
Iran Attack in Strait of Hormuz Pushes Oil Prices Higher 
The Dominican Republic has announced the discovery of significant rare earth deposits that could position the Caribbean nation as a key future supplier of critical minerals for high-tech industries. President Luis Abinader revealed that preliminary geological studies estimate gross deposits exceeding 150 million tons of rare earth elements, a group of 17 essential metals widely used in semiconductors, aerospace technology, renewable energy systems, and military equipment.
Speaking during his annual State of the Nation address to Congress, Abinader outlined plans to complete a comprehensive assessment of the mineral reserves by the end of this year. The government aims to certify commercially viable reserves by early next year, a crucial step before launching large-scale extraction and refining operations. While the total estimated deposits are substantial, authorities have not yet confirmed how much of the 150 million tons can be economically developed.
The rare earth deposits are located in the border province of Pedernales, an area expected to play a strategic role in the country’s long-term economic transformation. The president linked the project to a broader national strategy focused on energy transition, sustainable mining, and the responsible use of natural resources. According to Abinader, developing these critical minerals will strengthen national sovereignty, reduce external dependence, lower carbon emissions, and enhance global competitiveness.
The United States has expressed strong interest in supporting the Dominican Republic’s rare earth sector. U.S. Secretary of State Marco Rubio previously emphasized the global importance of securing access to rare earth minerals for next-generation technologies. He noted that the resources belong to the Dominican people and offered U.S. partnership in their responsible development.
As global demand for rare earth elements continues to rise, the Dominican Republic’s emerging role in the critical minerals market could significantly reshape the Caribbean nation’s economic future.
