America is currently in no position to shake dependency on China and Russia for key minerals needed to manufacture much of the technology powering modern civilization, the chief executive of a global mining company said. The push to rapidly reduce carbon emissions further complicates the situation as it requires even more of those minerals, he…
Breaking Dependency on China, Russia Requires Political Sacrifice: Mining CEO
March 15, 2023
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Former US Defense Contractor CEO Arrested for Allegedly Exporting Military Technology to China
March 5, 2022
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Asia & PacificBusiness & EconomyChinaCompaniesdefenseLocal NewsmilitaryNational SecurityRegional-Local NewsSouthern CaliforniaTechtechnologytungstenUSUS NewsUS-China relationsWorld
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The owner of a California-based military contractor has been arrested for allegedly breaking federal export laws by exporting sensitive U.S. technology to countries such as China. The 77-year-old Joe Sery, who used to run Tungsten Heavy Powder & Parts (Tungsten Parts), has been indicted on charges of “knowingly and willfully” exporting military intelligence, including data…
US Defense Contractor’s Former CEO Arrested for Allegedly Exporting Military Technology to China
March 5, 2022
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Asia & PacificBusiness & EconomyChinaCompaniesdefenseLocal NewsmilitaryNational SecurityRegional-Local NewsSouthern CaliforniaTechtechnologytungstenUSUS NewsUS-China relationsWorld
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The former owner and chief executive of a California-based military contractor has been arrested for allegedly breaking federal export laws by transferring sensitive U.S. technology to countries such as China. The 77-year-old Joe Sery, who used to run Tungsten Heavy Powder & Parts (Tungsten Parts), has been indicted by a federal grand jury on charges…
Australia Funds Tungsten Mine, While Slowly Prying Beijing’s Grip on Global Supply
Australia has taken another step forward to loosening Beijing’s grip on the world’s critical mineral supply chains. The Tasmanian state government is offering a $10 million loan to the long-dormant Dolphin Tungsten mine on the remote King Island located in Australia’s Bass Strait. An additional $15 million of federal government support is currently being negotiated….
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