A race to dig rare earths and metals in the mineral-rich mountains of eastern Myanmar is polluting waterways that millions of people living downstream depend on after a new tungsten mine reportedly began operations near the Thai border, according to environmental groups. Myanmar is among the top three producing nations of rare earths and other critical minerals used to make magnets and other components that power products ranging from smartphones to electric vehicles, with most of its output...
A new India-US pact on critical minerals has put the spotlight on New Delhi’s potential as an alternative to China, but analysts say despite the country’s significant resources, it is unlikely to dent Beijing’s dominance in the sector any time soon. Delhi and Washington signed a framework agreement on May 26 during US Secretary of State Marco Rubio’s visit to India to secure supplies of critical minerals and rare earths, including their mining and processing. According to a US embassy statement,...
When China broke out one of its “big guns” in last year’s trade war with the US – an array of export controls on rare earth elements – it helped spur a temporary truce in the pitched conflict between the two economic superpowers. After Beijing’s announcement, many around the world expressed shock at the size and scope of China’s response to Washington’s sky-high tariffs. But for Japan, a squeeze on rare earth shipments was not so novel a concept. In 2010, following the collision of a Chinese...
Agreement is latest US has signed as it seeks to diversify its rare earths supply chain.
The European Union has shortlisted tungsten, rare earths and gallium for its first joint stockpile of critical minerals aimed at reducing its reliance on China, according to three sources familiar with the matter. The EU is also talking to major ports including Rotterdam in the Netherlands, the region’s biggest, to store the minerals, one of the three and a fourth source said. The move marks one of the bloc’s most concrete steps to insulate its economy from Beijing’s production dominance in...
Chinese scientists have identified a new type of rare earths formation in the nation’s frigid northeastern provinces of Heilongjiang and Jilin – a discovery that could challenge assumptions about how rare earths occur across the country. Unlike the clay-heavy deposits of southern China – which require chemical leaching to release the elements – the northern formations consist of loose sand and gravel formed by natural freeze-thaw cycles. This difference could make extraction more efficient, less...
Japan’s quest for rare earth self-sufficiency and its drive to decouple from Chinese supply chains have prompted the government to consider building a dedicated deep-sea mining vessel to recover minerals from the Pacific Ocean floor. Local media reported that the ruling Liberal Democratic Party’s special committee on ocean development will soon present a draft proposal to the Takaichi administration, calling for unspecified project funding. While the initiative will face technological and...
In a conference centre in The Hague last October, a roomful of Asia-watching European officials and experts were gathered for a symposium on relations with China when news broke that Beijing was expanding export controls on rare earths and other minerals. Crucially, there was now an extraterritorial element: China could deny exports not only to direct buyers, but also restrict products made in third countries if they contained Chinese-origin rare earth content or controlled inputs. In practice,...