The Biden administration taken another step to ease China’s current stranglehold on the rare earth element (REE) sector. These elements are a crucial ingredient in the manufacture of products for both civilians and the defense sector. Rare earths make their way into smartphones, computer hard drives, medical imaging equipment, electric vehicles, and missiles, aircraft guidance […]
Tag: rare earths
Rare earths are the next geopolitical chess game
Although presented as the evil machinations of an enemy state, a recent Financial Times article lays out the rare earths dilemma China faces. Rare earths in the crosshairs Rare earths industry executives made unofficial statements indicating Chinese government officials had asked them how badly companies in the US and Europe, including defense contractors, would be […]
U.K. developing an integrated rare-earths-to-turbine supply chain
In a rare example of joined up governmental thinking, the announcement by Pensana Rare Earths that it has submitted a planning application for a $125 million rare earth oxide refining facility. The facility would be near Hull in northeast England and would plug a gap in an ore-to-finished-turbine manufacturing landscape developing rapidly in the U.K.’s […]
Week in Review: Stainless steel demand; industrial production; copper prices
Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner.
U.S. aims to break rare earths dependence on China with Lynas project
The U.S. took a big step forward in its effort to curb its dependence on China for rare earths.
Rare Earths MMI: Lynas picks Kalgoorlie for new cracking and leaching plant site
The Rare Earths Monthly Metals Index (MMI) fell one point for an MMI reading of 19. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Lynas selects site for new cracking and leaching plant Lynas Corp., the world’s largest rare earths firm outside of China, […]
U.S. Finally Moves to Secure its Supply Chain of Critical Technology Metals
If there is a silver lining to the current trade war with China, it could be that it has focused the U.S.’s attention on the perilous state of its raw material supply chain. This is particularly relevant for the U.S. military, but equally for a range of high-tech industries, from consumer electronics to automobiles, battery […]
Greenland’s Retreating Ice Sheets Open up Rare Earth Resources
Environmentalists are horrified by the impact of global warming on the Greenland ice sheet. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. According to the Financial Times, temperatures have risen more than twice as fast in Greenland as the rest of the planet […]
Rare Earths MMI: Pentagon Explores Possible Rare Earths Plant in Australia
The Rare Earths Monthly Metals Index (MMI) held flat this month, checking at an MMI value of 22. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Looks to Australia for Rare Earths China’s dominance of the global rare earths market is well-documented, a fact the U.S. defense sector has grappled […]
Trump Reacts Angrily to Rebuttal of Offer to Buy Greenland
President Donald Trump’s suggestion that the U.S. could buy Greenland from Denmark was met with incredulity in Nuuk, Copenhagen and across Europe. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook “Greenland is not for sale. Greenland is not Danish. Greenland belongs to Greenland. I strongly hope this is not meant […]
