The United States has again decided not to impose tariffs on rare earths and other critical minerals from China, underscoring its reliance on the Asian nation for a group of materials used in everything from consumer electronics to military equipment, said Reuters. The minerals are set to be among the few items spared from US tariffs […]
Category: Energy & Environment
China’s lithium production has become easier and significantly cheaper, thanks to a technological breakthrough, just as US concerns about China’s dominance in the supply chain are on the rise, said the South China Morning Post. The cost of extracting the mineral has been slashed to a “record low” of RMB 15,000 (US$2,180) per ton by […]
United States Secretary of State Mike Pompeo warned China and Russia that the US will not stand for aggressive moves in the Arctic region, which is rapidly opening up to development and commerce as temperatures warm and ice melts, said the South China Morning Post. During a speech in Finland, Pompeo said that the US […]
The old power structure of world markets could be on the verge of a great, potentially far-reaching shift, thanks to a deal between India and China to set up a buyers’ bloc, reported the Economic Times. Reports have revealed that the two Asian powerhouses, the world’s second and third largest importers of oil, have neared […]
China is set to launch a month-long, nationwide inspection campaign into hazardous chemicals, mines, transportation and fire safety, following a deadly pesticide plant explosion that killed 78 people, said Reuters. The Ministry of Emergency Management said in a notice that authorities needed to “deeply absorb” the lesson of the incident. The blast occurred at a […]