THE WHAT? The US is set to build its first domestic heavy rare earths separation facility after the Department of Defence signed a deal valued at US$120 million with Australian firm Lynas Rare Earths, according to a report published by the Financial Times.
THE DETAILS Under the terms of the deal, the Australian company will export heavy rare earth carbonate to the US, where the elements will be separated for commercial use in a brand new facility set to be built in Texas and due to come on line by 2025.
THE WHY? The Financial Times reports that the deal is aimed at reducing reliance on China; the Asian country currently dominates the global refining market with a 90 percent share. Managing Director of Lynas, Amanda Lacaze told the Financial Times, “Putting aside any geopolitical issues, what we’ve seen from the pandemic is that any singular supply chain has risk associated with it. So this is a terrific opportunity to address that risk.”
Aesthetic products generally refer to a broad category of items designed to enhance or improve one's appearance, often focusing on skincare, beauty, and personal grooming. These products are typically used to maintain or enhance physical attractiveness and may include a wide range of items intended for both professional and personal use. Here are some common types of aesthetic products:
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Skincare Products: Including cleansers, moisturizers, serums, and treatments designed to address various skin concerns such as acne, aging, hyperpigmentation, and sensitivity.
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Cosmetics: Makeup products such as foundations, concealers, eyeliners, lipsticks, and eyeshadows used to enhance facial features and achieve desired looks.
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Hair Care Products: Shampoos, conditioners, styling products, and treatments to maintain and improve the health and appearance of hair.
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Fragrances: Perfumes and colognes used to enhance personal scent and attractiveness.
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Dental Care Products: Toothpaste, mouthwash, whitening treatments, and dental floss aimed at maintaining oral hygiene and enhancing smile aesthetics.
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Personal Grooming Tools: Including razors, electric shavers, trimmers, and grooming kits used for hair removal and personal hygiene.
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Beauty Devices: Devices such as facial cleansing brushes, LED light therapy masks, and microcurrent devices designed for at-home skincare treatments.
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Nutritional Supplements: Supplements aimed at promoting skin health, hair growth, and overall well-being, often containing vitamins, minerals, and antioxidants.
