India, the world's third-largest carbon emitter, is transitioning rapidly to renewable energy but faces a significant challenge: its dependence on imports to meet the growing demand for rare earths.
Brussels [Belgium], September 16 (ANI): Despite the ongoing energy crunch across Europe, European Commission President Ursula von der Leyen recently proposed new legislation to reduce the European Union (EU)'s on supply of critical minerals including rare earth metals and lithium from China.
Beijing [China], August 15 (ANI): As new mines are slated to start in Australia and various other regions, China's dominance of rare-earth metals is likely to fade away as the prices are witnessing a slump due to the slowdown in Chinese auto production in the first half of the year.
Washington [U.S], July 19 (ANI): Superconductors may eventually replace bulk magnets in equipment like electric motors, MRI scanners, and CT scanners. But the problem is that conventional high-temperature superconductors require a long and complicated manufacturing process and are made up of
Beijing [China], December 28 (ANI): China's near-monopoly of rare earth metals gives it a trump card in its rivalry with the US for global dominance and it has shown a willingness to weaponize the trade, analysts said.
Canberra [Australia], March 10 (ANI): In a snub to China which has a virtual monopoly on processing rare earth metals, Australian rare earth producer ASM has strengthened its supply chain by closing a deal with two regional governments in South Korea.