With China controlling nearly 90% of the world’s supply of rare earth, the Five Eyes network should forge closer ties with Greenland to boost the critical supply of the minerals and cut their dependence on China, said a think tank… Read More ›
minerals
Minerals used in batteries for EVs should be sourced responsibly
Amnesty International wants battery makers to source minerals responsibly. Extraction of minerals for use in batteries have been linked to human right abuses. With all due respect to Amnesty, it should redirect its focus on the blatant harvesting of human… Read More ›
Berkshire Hathaway Energy Co denies Financial Times report on lithium extraction
The Financial Time’s report had cited sources and a fund raising document, and stated, Berkshire Hathaway’s geothermal wells could produce up to 90,000 tonnes of lithium a year worth $1.5 billion at current prices. Berkshire Hathaway Energy Co, a unit… Read More ›
China to cut import tariffs on wide range of products
Faced with an escalating trade war with its biggest trading partner, the United States, these steps are aimed at boosting its competitiveness. According to a statement from China’s ministry of finance, Beijing will slash import duties on products, including textiles… Read More ›
Rio Tinto’s share buyback totals to $4 billion
The development comes in the wake of investors wanting greater return on investments from the world’s No. 2 miner. Cash-flush Rio Tinto has stated it would be buying back an additional $2.5 billion worth of its shares, in a… Read More ›
France backs Trump’s move on troops deployment in Afghanistan
The development points to the recognition of burgeoning economic opportunities in the region. On Wednesday, France’s foreign ministry issued a statement which backed the commitments made by U.S. President Donald Trump on maintaining a military presence in Afghanistan. “France recognizes… Read More ›
France bolsters investment and trade with the Pacific Alliance
Pacific Alliance, includes countries such as Mexico, Colombia and Peru, is a major exporter of raw materials, minerals and food. It has now opened its doors to more partners. With U.S. President Donald Trump taking a more regressive, protectionist stance… Read More ›
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