Can China hold the world to ransom over access to rare-earth metals?
China’s stranglehold on rare-earth minerals – resources essential for our modern high-tech world – has some analysts worried. Should we be too?
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China’s stranglehold on rare-earth minerals – resources essential for our modern high-tech world – has some analysts worried. Should we be too?
Australia seeks boost in minerals supply chain Bloomberg Australia wants to leverage its position as a top mineral producer by boosting processing and manufacturing, part of a plan to challenge China’s dominance in the supply of products key to a clean-energy transition. The Australian government yesterday unveiled a 10-year road map that includes A$1.3 billion (US$1 billion) of funding to help businesses capitalize on the country’s abundant natural resources and exploit opportunities in a de-carbonizing world. It encourages growth in high-value products such as batteries and solar cells,...
A There was a time when China could cause the world to tremble by threatening its supply of rare earths. It’s long in the past. That’s reason not to worry too much about news that Beijing is planning to ban exports of technology for refining the suite of minor metals. Such a move, if taken, is likely to backfire even more spectacularly than its previous attempts to weaponize the trade in rare earths itself. In 2010, a dispute between China and Japan over which country owns a group of islands off the northeast coast of Taiwan caused Beijing to impose export restrictions on all 17 rar...
China’s weaponization of rare earths is very likely to backfire Premium (Photo: Bloomberg) David Fickling Share Via Read Full Story There was a time when China could cause the world to tremble by threatening its supply of rare earths. It’s long in the past. That’s reason not to worry too much about news that Beijing is planning to ban exports of technology for refining that suite of minor metals. Such a move, if taken, is likely to backfire even more spectacularly than its previous attempts to weaponize the trade in rare earths itself. TRENDING STORIESSee All 1 min read
eMetals Limited (ASX:EMT) are pleased to announce the acquisition of three new mineral exploration projects including the highly prospective Cowalinya Ionic Rare Earth Project (Cowalinya Project) located 100 kilometres south east of Norseman, Western Australia. The Directors of eMetals Limited (ACN 142 411 390) (ASX:EMT) (eMetals or the Company) are pleased to announce the acquisition of three new mineral exploration projects including the highly prospective Cowalinya Ionic Rare Earth Project (Cowalinya Project) located 100 kilometres south east of Norseman, Western Australia. HIGHLIGHTS: ...