Canada seeks minerals partnership with US amid tariff threats
Where President-elect Trump sees a rivalry, he sees a potential friend in Canada. America's northern neighbor is considering an energy and minerals partnership with the United States this week, Canadian Energy and Natural Resources Minister Jonathan Wilkinson told The Hill on Tuesday. “We're also putting together an idea that is essentially an energy and minerals […]
China’s chokehold on critical minerals puts US in ‘unfathomable’ national security bind: experts
China is restricting the world's supply of critical minerals, and experts warn that the situation poses a major risk to U.S. national security unless the government steps up its efforts to compete. . Control of rare earth metals needed to make everything from the semiconductors that power iPhones to wind turbines, electric car batteries, and […]
UK must be less dependent on China for critical minerals, says thinktank | Trade policy
Britain needs to reduce its dependence on China for critical minerals, an influential think tank has concluded ahead of a government strategic decision this spring. in report When it comes to rare earth minerals, a vital component of high-tech products from mobile phones to missiles, Labor says ministers should build partnerships with other countries to […]
DR Congo Files Criminal Complaint Against Apple for Using ‘Blood Minerals’
The Democratic Republic of the Congo (DRC) filed criminal charges on Tuesday against subsidiaries of consumer electronics giant Apple in France and Belgium, accusing them of using “blood minerals” extracted from mines controlled by armed groups in eastern Democratic Republic of the Republic. . complaint Paid Apple France, Apple Retail France, and Apple Retail Belgium […]
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 […]