China responds to US chip sanctions, banning exports of key minerals
China has banned exports of some rare minerals to the US amid heightened trade tensions after the US imposed new restrictions on exports of certain semiconductor chips and equipment to China earlier this week. . The new directive from China's Ministry of Commerce applies to minerals, including those with potential military uses, such as gallium, […]
‘This war is about money’: Sen. Lindsey Graham says Ukraine can pay back United States through rare minerals
Republican Sen. Lindsey Graham said Ukraine is Europe's richest country when it comes to minerals and that President Donald Trump would “make a deal” to get the money back to the United States. The South Carolina senator spoke with Fox News' Sean Hannity last week and publicly stated that the Russia-Ukraine war was primarily about […]
Harris backs minerals stockpile, permitting reform, climate-friendly tax credits
Vice President Harris announced her economic policy this week, supporting increasing domestic mineral production and creating mineral reserves. According to a press release from her campaign, the campaign plans to use wartime powers under the Defense Production Act to build stronger mineral supply chains and reduce reliance on China. in The plans are posted on […]
China exerts new restrictions on exports of minerals critical to US weapons making
China has imposed new export controls on a range of minerals, including antimony, which is vital to the U.S. defense industry as a flame-retardant component used in machine bearings, a move that could send defense prices soaring. The little-known metal antimony is used in ammunition, infrared missiles, nuclear weapons and night-vision goggles, as well as […]
Biden Admin Reportedly Set To Significantly Strengthen Tariffs On Chinese EVs, Critical Minerals
The Biden administration is reportedly set to significantly enhance tariffs targeting Chinese electric vehicles (EVs) and other green energy-related products as early as next week, The Wall Street Journal reported Friday. The administration will approximately quadruple tariffs against Chinese EVs, and U.S. officials will also increase levies against critical minerals, solar products and batteries that […]
Demand for critical minerals drives massive changes in global economy
Competition is intensifying to strengthen global supply chains for metals and minerals essential to the ongoing energy transition. Companies are jockeying for position in changing production networks, and Congress is pushing policies to move mineral processing away from China, where the industry has been concentrated for decades. In the search for mineral resources, everything from […]
Congo questions Apple over knowledge of conflict minerals in its supply chain
The Congolese government is questioning Apple about the tech company’s knowledge of “blood minerals” from conflict zones in Africa that could be smuggled into its supply chain, and is seeking answers within three weeks. A group of international lawyers representing Congo said Thursday that it sent a letter this week to Apple’s CEO Tim Cook […]