Rare earth rush: Aclara Resources has received a letter of interest from the U.S. Export-Import Bank for up to $750 million to support Project Dynamo, its planned $277 million heavy rare earths processing plant at the Port of Vinton. The project is gaining significant federal and state support, incl uding Louisiana tax incentives and Department of Energy funding for AI technology to optimize processing, with the facility expected to break ground as early as late 2026 and begin operations by the end of 2027. The project aims to produce rare earth materials used in EVs, defense, robotics and AI data-center power equipment, though environmental groups are raising concerns about the state’s expedited permitting process. The Center Square has the full story. Funding squeeze: More than one-quarter of Louisiana’s 42 public defender offices spent more than they received in fiscal year 2024-25, with the Jefferson Parish office posting the largest deficit at $1 million, according to a Legislative Auditor report. The system spent $79.8 million while local revenue sources such as a $45 conviction fee have declined and become increasingly unpredictable. State Public Defender Rémy Starns plans to pursue legislation again in 2027 to stabilize funding, while the auditor recommended closer monitoring of district reserves to ensure they remain above 15% of annual expenditures. Louisiana Illuminator has the full story. No relief in sight: Oil prices have climbed above $100 a barrel as attacks on Middle East oil facilities and tankers further disrupt an already strained global supply chain, with Brent crude reaching $100.72. U.S. gasoline has risen to $4.22 a gallon and diesel to $5.94, while soaring jet fuel costs have prompted airlines to cut flights and raise fares and fees. Analysts warn that prolonged disruption of shipping through the Strait of Hormuz could push oil as high as $120 a barrel, or even $150 if major energy infrastructure is damaged, increasing pressure on consumers and businesses. The Associated Press has the full story. ...read more read less