Commentary China dominates global supply chains for nearly all critical mineral resources. Especially important are elements such as nickel, cobalt, lithium, copper, and the rare earths that power decarbonization technologies such as batteries, electric motors, and turbines. The rapidly increasing demand for these minerals has rekindled interest in extracting polymetallic nodules from the deep seabed….
US Military to Provide Funding for Canadian Mining Projects to Decouple From China
The U.S. military is looking to provide funds for Canadian mining projects that want American public funding through a national security program as Washington seeks to decouple from critical mineral reliance on China, a U.S. official said. Early this June, U.S. President Joe Biden invoked the Defense Production Act (DPA) to advance his clean energy and climate…
US Builds New Critical Minerals Supply Chain to Counter Chinese Rare Earth Monopoly
News Analysis Washington’s recent move to limit semiconductor exports to China has raised concerns that Beijing might retaliate by cutting off rare earth supplies, similar to what it did to Japan in 2010. According to the U.S. Geological Survey (pdf), China has the world’s largest rare earth reserves, accounting for 78 percent of the U.S.’s…
Ottawa Gets Tougher on Foreign Government Investment in Critical Minerals
November 2, 2022
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Business & MarketsCanadaChinaChina Business & EconomyCompaniescritical mineralsHuaweilithiumSOEsWorld
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News Analysis Ottawa is taking steps to protect and develop its critical minerals supply chain by cracking down on foreign governments’ investment in these natural resources, though with China, experience has shown that determining whether or not a company is state-owned has been difficult. Critical minerals, which include lithium, cobalt, copper, as well as the…
Ottawa Restricting Foreign State-Owned Investments in Critical Minerals
The federal government is restricting the involvement of foreign state-owned companies in Canada’s critical minerals sector. Industry Minister Francois-Philippe Champagne and Natural Resources Minister Jonathan Wilkinson say critical minerals are key to the country’s prosperity and security. They say that is why Ottawa is rolling out new rules that will make it more difficult for…
Chinese Regime Will Face Hostile America If Critical Mineral Trade Cut
October 25, 2022
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AustraliaBusiness & MarketsChinaChinese Regimecritical mineralseconomyenergyGlobal ExpansionJoe BidenJoe HockeyNational SecurityPolicies & ImpactsSpecial TopicsTech CompetitionUSUS NewsUS-China relationsWorld
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Beijing has been warned if it tries to cut critical mineral exports to the United States, it will face a hostile reception. Speaking at a private forum in Melbourne hosted by Hamilton Wealth Partners, former Australian ambassador to the U.S. and former federal treasurer, Joe Hockey, said that there had been discussions in the U.S….
GOP Lawmakers Raise Alarm About Critical Minerals From China Being Tainted by Forced Labor
October 4, 2022
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August PflugerChinaChinese Regimecritical mineralsMichael McCaulrare earthsThreat from Communist ChinaUSUS NewsUS-China relations
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Two Texas Republican lawmakers are expressing concerns that critical minerals tainted by forced labor in China could be imported into the United States. Rep. Michael McCaul, ranking member of the House Foreign Affairs Committee, and Rep. August Pfluger, ranking member of the Homeland Security subcommittee on intelligence and counterterrorism, outlined their concerns in a Sept….
China’s No.3 Offical Visits South Korea Amid Intensified US-China Strategic Rivalry
September 22, 2022
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Asia & PacificCCPChinachipChip 4 alliancecritical mineralsIndo-Pacific Economic FrameworkInternational RelationsIPEFJapanLi ZhanshuMinerals Security Partnership (MSP)semiconductorSouth KoreaTaiwanTHAADUS-China relationsWorldYoon Seok-yeol
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South Korea is a technological powerhouse and a key part of the global supply chain. It’s now also caught in the intensified strategic rivalry between the United States and China. Both superpowers are wanting the East Asian nation to pick a side. Following many visits from top U.S. officials, Beijing last week sent Li Zhanshu,…
South Korea Strengthens Cooperation With Mongolia on Key Minerals
South Korea is seeking to strengthen cooperation with mineral-rich Mongolia, to lessen its reliance on China. South Korean Foreign Minister Park Jin visited Mongolia Aug. 28-30, and met his Mongolian counterpart Batmunkh Battsetseg. The South Korean visit comes amid rising international tensions that include U.S.-China frictions and Russia’s invasion of Ukraine. During Park’s visit, the…
China’s Stranglehold Over the US With Rare Earths
August 25, 2022
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Ann BridgesAntonio GraceffoChinaChina in Focuscritical mineralsDaily NewsEpochTVExclusive Videosrare earthRep Pete StauberSpecial Reports
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From batteries in electric vehicles to the colors in our smartphones, to our most advanced military weapons—rare earth and critical minerals are at the heart of our modern life. In this special report, we look at what China’s dominance in the world’s rare earth means for us, how that impacts every sector of society from…
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