China’s rare earths exports fall in May; shipments usually volatile
5 years, 7 months ago

China’s rare earths exports fall in May; shipments usually volatile

The Hindu  

Rare earth exports by China, the world's dominant producer, fell 16% in May from a month earlier amid an increased focus on the raw materials due to the Sino-U.S. trade war, although the drop was in line with usual trading. May's exports fell to 3,640 tonnes from 4,329 tonnes in April, but were not far off the 4,264-tonne monthly average since January 2018, according to data published on Monday by China's General Administration of Customs. Rare earth prices recently hit multi-year highs following a flurry of state media reports that Beijing could use its supply-dominance of the prized minerals in its trade war with Washington. A visit by Chinese President Xi Jinping in May to a rare earths plant fuelled the speculation that China would use its dominant position in rare earths as leverage in the trade war.

China Rare Earths Shipments Usually  rare  earths  chinas  shipments  usually  war  tonnes  earth  month  china  fell  volatile  fall  worlds  exports  trade

History of this topic

Tech wars: Why has China banned exports of rare minerals to US?
1 month ago

Tech wars: Why has China banned exports of rare minerals to US?

Al Jazeera  

The two countries have imposed tit-for-tat export restrictions for months to hamper technological and AI development. Beijing’s announcement on Tuesday came just one day after the US ramped up restrictions on the export of advanced chips to China, which affects the country’s ability to develop advanced weapons systems and artificial intelligence. Washington’s ban also added 140 companies to its “entity …

4.96 million reasons to boost rare earth production
3 months, 3 weeks ago

4.96 million reasons to boost rare earth production

China Daily  

Photo taken on Dec 23, 2021 shows China Rare Earth Group Co., Ltd in Ganzhou, East China's Jiangxi province. The China Rare Earth Group's breakthrough in mine exploration in Liangshan Yi autonomous prefecture, Sichuan province, where they have stumbled upon an additional 4.96 million tons of rare earth reserves as officially announced on Sept 15, will have a huge impact. …

4.96 million reasons to boost rare earth production
3 months, 3 weeks ago

4.96 million reasons to boost rare earth production

China Daily  

Photo taken on Dec 23, 2021 shows China Rare Earth Group Co., Ltd in Ganzhou, East China's Jiangxi province. The China Rare Earth Group's breakthrough in mine exploration in Liangshan Yi autonomous prefecture, Sichuan province, where they have stumbled upon an additional 4.96 million tons of rare earth reserves as officially announced on Sept 15, will have a huge impact. …

Rare earths to see high-quality development
4 months, 2 weeks ago

Rare earths to see high-quality development

China Daily  

Visitors check out rare-earth material samples during an international mineral cooperation forum in Nanning, Guangxi Zhuang autonomous region, in May 2023. China's efforts to promote high-quality development of the rare-earth metals and minerals sector will offer strong impetus to the industry's green and standardized development amid growing demand for crucial raw materials from emerging areas like new energy vehicles, said …

Rare earth regulations legitimate and justified
6 months, 1 week ago

Rare earth regulations legitimate and justified

China Daily  

Oil derricks operate at Daqing Oilfield Co. The rare earth regulations freshly unveiled by Beijing that are due to come into effect on Oct 1 stipulate that attention will be paid to the protection of the resources, while the high-quality development of the rare earth industry will be promoted. China has paid a costly price for the world's reliance on …

Regulation to drive development of rare-earth sector
6 months, 1 week ago

Regulation to drive development of rare-earth sector

China Daily  

China's approval of a major regulation on rare-earth elements is of strategic significance in promoting the sector's green and high-quality development, amid rising demand for these raw materials in emerging industries such as new energy vehicles, industry experts and company executives said on Sunday. Ge Honglin, Party secretary and president of the China Nonferrous Metals Industry Association, said that rare-earth …

Rare earth regulations legitimate and justified
6 months, 1 week ago

Rare earth regulations legitimate and justified

China Daily  

Oil derricks operate at Daqing Oilfield Co. The rare earth regulations freshly unveiled by Beijing that are due to come into effect on Oct 1 stipulate that attention will be paid to the protection of the resources, while the high-quality development of the rare earth industry will be promoted. China has paid a costly price for the world's reliance on …

Regulation to drive development of rare-earth sector
6 months, 1 week ago

Regulation to drive development of rare-earth sector

China Daily  

China's approval of a major regulation on rare-earth elements is of strategic significance in promoting the sector's green and high-quality development, amid rising demand for these raw materials in emerging industries such as new energy vehicles, industry experts and company executives said on Sunday. Ge Honglin, Party secretary and president of the China Nonferrous Metals Industry Association, said that rare-earth …

China issues regulations on rare earth administration
6 months, 1 week ago

China issues regulations on rare earth administration

China Daily  

China approved major regulations on the mining, smelting and trade of rare earth, a critical material used to make magnets in electric vehicles and consumer electronics, on Saturday, with an aim of driving the high-quality development of the rare earth industry. The regulation, issued by the State Council, the nation's Cabinet, said that China will encourage and support the research, …

The Road to China-Free Supply Chains Is Long. Warning: Legless Lizards Ahead.
1 year ago

The Road to China-Free Supply Chains Is Long. Warning: Legless Lizards Ahead.

Live Mint  

Building China-free supply chains is tough. “There’s a massive gap that needs to be filled in," said Rahim Suleman, chief executive of Neo Performance Materials, the Canadian company seeking to make a magnet supply chain outside China. The company has a mining site in eastern Australia, but environmental rules called for it to first move the area’s rare legless lizards …

Explained: Can rare earths find in Sweden be a gamechanger for the EU?
1 year, 11 months ago

Explained: Can rare earths find in Sweden be a gamechanger for the EU?

The Hindu  

Published : Jan 14, 2023 15:32 IST The Swedish state-owned mining company LKAB announced on January 12 that it had found more than a million tons of rare earth oxides in Kiruna, northern Sweden. “Superlative claims abound whenever a new rare earth deposit is announced, so it is important to look at the data,” Julie Klinger, a professor of geography …

Sweden finds the largest rare earth deposit in Europe. It could help cut dependence on China
1 year, 11 months ago

Sweden finds the largest rare earth deposit in Europe. It could help cut dependence on China

CNN  

Hong Kong CNN — Swedish mining company LKAB says it has found Europe’s largest deposit of rare earth oxides in the country’s north, a discovery that could reduce the continent’s reliance on China for the critical resource. LKAB has identified more than one million tonnes of rare earth oxides in the Kiruna area, located in the far north of the …

China note! EU-member Sweden locates rare earth deposits
1 year, 11 months ago

China note! EU-member Sweden locates rare earth deposits

Associated Press  

KIRUNA, Sweden — The beginning of the end of Europe’s dependency on China for precious rare earth materials may lie buried deep under the rugged reaches of northern Sweden, well above the Arctic Circle. Sweden’s iron-ore miner LKAB said Thursday it has identified “significant deposits” in Lapland of rare earth elements that are essential for the manufacture of smartphones, electric …

Can the West Shake Its Dependence on China’s Rare Earths?
2 years, 2 months ago

Can the West Shake Its Dependence on China’s Rare Earths?

The Diplomat  

The Taiwan Strait crisis in early August once again highlighted the question of Western economic levers as possible punitive measures should China escalate its offensive pressure on Taiwan. And after taking into account the surprising ferocity of Western sanctions following Russia’s invasion of Ukraine, punitive economic measures appear as the most obvious answer should China escalate its military engagement further. …

Rare earths processor buys rights to mine in Greenland
2 years, 4 months ago

Rare earths processor buys rights to mine in Greenland

Associated Press  

BEIJING — One of the world’s few rare earths processors outside China has bought exploration rights to mine in Greenland, opening an avenue for diversifying supplies of the minerals critical for advanced and green technologies. Toronto-based Neo Performance Materials, the rare earths processor, said Monday it plans to develop the Sarfartoq deposit in southwest Greenland and will send the ore …

‘The Sacrifice Zone': Myanmar bears cost of green energy
2 years, 5 months ago

‘The Sacrifice Zone': Myanmar bears cost of green energy

Associated Press  

The birds no longer sing. “There’s still this push to find the right place to mine them, which is a place that is out of sight and out of mind.” The AP investigation drew on dozens of interviews, customs data, corporate records and Chinese academic papers, along with satellite imagery and geological analysis gathered by the environmental non-profit Global Witness, …

Race on for Australian rare earth supplies as fears grow over China's market 'monopoly'
3 years, 5 months ago

Race on for Australian rare earth supplies as fears grow over China's market 'monopoly'

ABC  

Critical minerals needed to drive modern economies and tackle climate change could be cut off to Australia and its allies as tensions with China escalate further, experts say. Key points: Rare earths are critical to modern technologies from wind turbines to military hardware China is the world's dominant rare earths supplier with 70-80 per cent of the market Experts say …

Miners eye 'critical' rare earths market amid doubts about reliability of Chinese supply
3 years, 7 months ago

Miners eye 'critical' rare earths market amid doubts about reliability of Chinese supply

ABC  

A company in the New South Wales Central West is hoping to cash in on the growing rare earths market as countries look to diversify away from Chinese supply. Key points: China dominates the rare earths market but buyers are looking to diversify amid supply chain doubts A CSIRO report found there was a huge economic opportunity for Australia as …

A shortage of these metals could make the climate crisis worse
3 years, 8 months ago

A shortage of these metals could make the climate crisis worse

CNN  

London CNN Business — The world won’t be able to tackle the climate crisis unless there is a sharp increase in the supply of metals required to produce electric cars, solar panels, wind turbines and other clean energy technologies, according to the International Energy Agency. Electricity networks need huge amounts of copper and aluminum, while rare earth elements are used …

Britain set to stockpile metals for electric cars to beat Chinese threat
3 years, 8 months ago

Britain set to stockpile metals for electric cars to beat Chinese threat

The Telegraph  

Ministers are exploring the creation of a national stockpile of so-called rare earth metals amid rising fears that Britain's efforts to adopt electric cars are at risk from a Chinese stranglehold on supplies. On Wednesday, the International Energy Agency warned Western governments to build up supplies of rare earth elements or face a setback in the fight against climate change. …

How China's Belt and Road and an Australian mining company could be the deciding issues in the Greenland election
3 years, 10 months ago

How China's Belt and Road and an Australian mining company could be the deciding issues in the Greenland election

ABC  

Stretching like a frozen white ocean, Greenland's ice sheet has long helped stabilise the global climate. Mining, fishing and strategic position China's government pitches its interest in investing in Greenland as a win-win that will help Greenland diversify its economy, while helping China retain its near-monopoly on the global supply of rare earths. It's part of what China calls its …

Australia eyes rare earth deposits as uncertainty looms over China
5 years, 4 months ago

Australia eyes rare earth deposits as uncertainty looms over China

Deccan Chronicle  

Perth: Australia will step up production of rare earths and other militarily sensitive "tech metals", the country's defence minister said, on Monday, as doubts grow over the reliability of Chinese supplies. "A lot of our defence equipment and capability actually uses rare earths in its production.The key issue for Australia, the US and other allies is the continuity and guarantee …

US China trade war: Beijing has ‘few good options’ to hit back against new tariffs
5 years, 5 months ago

US China trade war: Beijing has ‘few good options’ to hit back against new tariffs

CNN  

New Delhi CNN Business — The trade war is back on. “In terms of directly hitting back at the US, it’s quite difficult to do it without hurting themselves.” Here’s what China could do next. Chinese state media published a commentary two months ago with the words: “Don’t say we didn’t warn you.” “That probably would have a bigger impact …

The rare earths industry can weather any Chinese trade battle. US Politicians should stand down
5 years, 5 months ago

The rare earths industry can weather any Chinese trade battle. US Politicians should stand down

CNN  

Editor’s Note: Eugene Gholz is an associate professor of political science at the University of Notre Dame. Some in the Trump administration generally lean toward protectionism, and in late 2017, the president signed an executive order seeking to “increase activity at all levels of the supply chain, including exploration, mining, concentration, separation, alloying, recycling and reprocessing critical minerals.” And recently, …

This company is America’s best chance to loosen China’s grip on rare earths
5 years, 6 months ago

This company is America’s best chance to loosen China’s grip on rare earths

CNN  

Mountain Pass, California CNN Business — Less than an hour from the glitzy casinos and high-rise hotels of Las Vegas, the miners at Mountain Pass are reviving an industry that nearly disappeared from American soil. MP Materials say they supply about 10% of the world’s rare earths, a set of 17 minerals with magnetic and conductive properties that help power …

Rare earths stocks soar as China pledges to increase its power in the market
5 years, 6 months ago

Rare earths stocks soar as China pledges to increase its power in the market

CNN  

Hong Kong CNN Business — China is preparing to tighten its grip on the supply of a group of minerals the global tech industry can’t live without. Chinese state media reported that the government of Jiangxi province was planning to provide support to China Southern Rare Earth Group — the biggest producer of heavy rare earths — “to increase its …

Why tiny magnets could be China’s destructive new trade-war weapon against US
5 years, 7 months ago

Why tiny magnets could be China’s destructive new trade-war weapon against US

Live Mint  

Shanghai: Rare earths are getting a lot of attention as a potential weapon China can wield in its deepening confrontation with the US. A block on shipments of rare earth metals and alloys to the US is “manageable if ex-China processing gets built out swiftly,” Citigroup Inc. analysts including Oliver Nugent wrote in a report. “The impact gets much more …

Inside China's 'capital of rare earths'
5 years, 7 months ago

Inside China's 'capital of rare earths'

Daily Mail  

Chinese state media have shown off the country's 'capital of rare earths' as Beijing threatens to stop exporting the natural resources to the U.S. amid a trade war between the two countries. The northern industrial city 90-minute from Beijing by air is known as the 'capital of rare earths' in China The centre of trade war: Beijing has threatened to …

Thursday briefing: China could cut off US access to rare earth metals if trade war escalates
5 years, 7 months ago

Thursday briefing: China could cut off US access to rare earth metals if trade war escalates

Wired  

Getty Images Get WIRED's daily briefing in your inbox. Sign up here China is the world's leading producer of rare earth metals used in all forms of electronic hardware, and it's now indicating that it may restrict the United States' access to rare earth minerals in response to the ongoing US trade war against China. The state-run People’s Daily newspaper …

Rare earth minerals: What you need to know
5 years, 7 months ago

Rare earth minerals: What you need to know

CNN  

Hong Kong CNN Business — As the trade war between the United States and China escalates, Beijing may be preparing to play a new card: its control of rare earth minerals. “China has strategically flooded the global market with rare earths at subsidized prices, driven out competitors, and deterred new market entrants,” the report said. China’s top economic planning agency …

Pentagon plans to cut U.S. reliance on China for 'rare earth' minerals amid trade war fears
5 years, 7 months ago

Pentagon plans to cut U.S. reliance on China for 'rare earth' minerals amid trade war fears

Daily Mail  

The U.S. Defense Department has submitted a report to Congress on rare earth minerals as it looks to reduce American reliance on China, the Pentagon said on Wednesday, amid mounting concern in Washington about Beijing's role as a supplier. 'The department continues to work closely with the president, Congress and the industrial base to mitigate U.S. reliance on China for …

China has more weapons in US tariff war - but do they work?
5 years, 7 months ago

China has more weapons in US tariff war - but do they work?

Associated Press  

BEIJING — Looking for ways to hit back at Washington as a tariff fight escalates, President Xi Jinping and his economy czar visited a Chinese factory that processes rare earths - exotic minerals used in electric cars, mobile phones and other technology. And China’s sway could extend much further into the U.S. technology sector, particularly to Apple and other companies …

China’s latest trade war card isn’t as strong as Beijing thinks
5 years, 7 months ago

China’s latest trade war card isn’t as strong as Beijing thinks

CNN  

Hong Kong CNN — Chinese President Xi Jinping’s actions this week have been rich with symbolism. Global Times, a nationalist tabloid, said Xi’s visit had “offered huge support to the critical industry that has been widely viewed as a form of leverage for China in the trade war with the US.” In a piece last week, the paper went further, …

Discover Related