Beijing: – Prices of rare earth minerals, vital for the technology and defence equipment, have peaked to the highest levels in China. The Chinese mouthpiece said that the Rare Earth Minerals’ price has almost doubled compared to last year due to the jump in demand. Meanwhile, reports suggest that the Pentagon, the US defence headquarters, […]
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Brussels/Beijing: – Europe has initiated steps to reduce its dependence on China for Rare Earth Minerals. The group, ‘European Raw Materials Alliance’, has recommended an investment of $2 billion in this sector. This group has been formed by the European Union. Besides, the group also pointed out that the European countries are heavily dependent on […]
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Moscow: Russia has started moves to challenge the Chinese hegemony in the Rare Earth Minerals, a critical input for manufacturing, in the defence and technology sectors. Alexei Besprozvannykh, Russia’s deputy industry and trade minister, said that Russia would be investing nearly $1.5 billion, in the next few months, in this sector. China has more than […]
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Washington: The United States has expedited moves to reduce Chinese domination in the Rare Earth Minerals, necessary in the defence sector. The US defence department has submitted a proposal to stock Rare Earth Minerals equivalent to six months consumption. A few months ago, China had cautioned that the Rare Earth Minerals may prove to be […]
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Washington/Canberra: The trade war between the United States and China has flared up further, following the announcement by the US President, to tax the entire imports of Chinese goods. Against this background, discussions have started of China using the Nuclear option against the United States, which includes the US bonds and Rare Earth Minerals. Given […]
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Beijing: The Chinese regime has initiated moves to jolt the United States, which has delivered shocks to China one after another. Chinese President Xi Jinping visited the rare earth minerals production facility in China. Jinping’s visit is said to be an indication of China stopping the supply of rare earth minerals to the United States. […]
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Washington/Beijing: China has threatened that Rare Earth Minerals can be a counter weapon, in the hands of China and the United States should not underestimate the power of Chinese retaliation. The official newspaper of the Chinese ruling communist party, the Peoples Daily carried this threat, and China has started preparations to stop the export of […]
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Beijing: China has stopped the export of two rare minerals important in making semiconductors. In August, information surfaced that China has completely stopped the export of ‘gallium’ and ‘germanium’. Due to this decision of China, there is a fear that semiconductor manufacturing in the West will be affected. Besides, this decision of China will be […]
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Beijing/Kabul: A US analyst has warned that China could play a cooperative role with the Taliban to control trillions of dollars worth of ‘Rare Earth Minerals’ in Afghanistan. China is already believed to have more than 30 per cent of the world’s Rare Earth Minerals. If it gains control over Afghanistan’s reserves, China could use […]
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Washington/Canberra: – The US moves to break the Chinese monopoly in the Rare Earth Minerals, necessary for the defence sector, have gained momentum. The US defence department has selected an Australian company to start a Rare Earth Minerals Facility. Only last month, the Chinese government brought a resolution to make the controls stricter for the […]
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