Global Sustainability "ESG news & views, Vol. 57, July 2026" Kalb

Research evidence excerpt

Global Sustainability "ESG news & views, Vol. 57, July 2026" Kalb

Rare Earths: A lot can happen in a week (Dim Ariyasinghe)

Focus is returning to the rare earths sector as newsflow increases, policy support

continues to build, and the market structure evolves. A lot can happen in a week and we

specifically highlight: (i) Energy Fuels (Not Covered) acquiring magnet maker VAC, (ii)

Iluka (Neutral) announcing its maiden rare earths offtake, (iii) Lynas (Buy) licensing delay

for its LAMP expansion, and (iv) more controls on China's rare earths exports. We

continue to like the sector and expect further momentum as Western economies actively

look to decouple supply chains from China.

+ Rare earths to magnet: mission critical?

Space Solar & Perovskite Expert Series - Microquanta

While China's leading solar companies such as LONGi, Trina Solar, JinkoSolar and JA

Solar remain predominantly focused on crystalline silicon technologies, Microquanta is

among the early movers seeking to commercialize perovskite solar modules at scale. The

discussion explored the state of perovskite commercialization, global market

opportunities, technology pathways across China and Japan, and the long-term

prospects for both terrestrial and space-based solar applications.

Expert Call: EU ETS reform - what to expect (Wanda Serwinowska, CFA)

On 29 June, we co-hosted a call with Philipp Ruf, Co-Founder of Transition Metrics, to

discuss the EU carbon market. Key topics included an outlook and catalysts for European

carbon regulation including the EU ETS reform and potential implications for selected

European sectors. You can view the slides here. In 2026 the EU has started to address the

future of the EU ETS (EU emissions trading system). Within the ongoing reform, the