Vivek Vikram Singh, Managing Director and Group CEO of Sona Comstar, has urged the government to hold discussions with China to address the supply constraints around rare earth metals that are vital for the auto component industry.
Korea Zinc, a global leader in non-ferrous metal production, has initiated its first shipment of antimony to the United States, signalling a strategic move to become a key alternative supplier amid rising geopolitical tensions and tightening Chinese export controls.
India on Thursday said it is in touch with the Chinese side, seeking predictability in the supply of rare earth metals -- which had been put under the export controls regime by the Xi administration.
The Indian automobile industry is expected to face disruptions following China's decision to tighten export controls on rare earth elements (REEs), which are critical in manufacturing chips used in automobiles, according to a report by Emkay Research.
China's recent restrictions on rare earth resources are being seen as a response to US export controls on advanced semiconductor technology, according to a report by Jefferies.
Terming a report in a US-based publication about an Indian defence PSU selling imported equipment to a supplier of Russian arms agency as "factually incorrect and misleading", sources said on Monday that the report has tried to "frame issues and distort facts to suit a political narrative".
European Commission President Ursula von der Leyen on Tuesday spoke about the growing use of economic coercion -- such as sanctions, export controls, and tariffs and reaffirmed Europe's commitment to safeguarding its economic security.
Howard Lutnick, the nominee for US Commerce Secretary, has accused DeepSeek, a newly launched artificial intelligence model from China, of stealing US technology and getting around US export controls to obtain Nvidia chips, the Asia Times reported.
One critical area to watch in the coming year will be Sino-US relations after Donald Trump begins his second presidential term. Since Trump's election on November 5, 2024, and even before he is inaugurated on 20 January, China has pulled off many outrageous feats and set preconditions for
China is planning to impose new export restrictions on technologies vital for the electric vehicle (EV) industry, including lithium extraction and battery cathode production. The move, which targets critical materials, signals a further escalation in its tech rivalry with the United States,