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American Industries News

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Tuesday, June 2, 2026

Jack Turner


Latest Stories

Record-breaking $4 billion generated in federal Permian lease sale

The recent federal oil and gas lease sale in the Permian basin in Texas and New Mexico set a new record by bringing in over $4 billion. This milestone auction, driven by stronger oil prices and pro-development policies, reflects a growing optimism in the industry and highlights the increased drilling activity in the region, which could have positive implications for American energy production and investment.

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IonicRE collaborates with Nth Cycle to enhance rare earths refining operations in the US and globally

Ionic Rare Earth (IonicRE) has partnered with US-based Nth Cycle to improve rare earth recycling and refining operations, aiming to optimize production pathways and potentially eliminate oxalic acid from the process. This collaboration could have positive implications for American industry by enhancing end-to-end rare earth refining operations and promoting long-loop recycling to high-purity rare earths.

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