Western businesses allege China is demanding confidential company data, including client lists and production details, to approve rare earth exports, raising concerns over trade secrets. The move comes amid tighter export rules and growing global reliance on China for key materials used in e
Chinese Foreign Ministry spokesperson Lin Jian on Thursday stressed that the China-US trade meeting was held under the strategic guidance of the two heads of state, and the two sides reached a consensus in principle on the framework of measures to implement the important consensus reached by
An increased capital expenditure and focus on rare earth minerals may shape India's Viksit Bharat journey, according to a report by EY. It suggested that policy measures must balance consumption support with increased capital expenditure.
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.
This comes after the US Department of Commerce's Bureau of Industry and Security (BIS) removed three entities--Indian Rare Earths, Indira Gandhi Atomic Research Centre (IGCAR), and Bhabha Atomic Research Centre (BARC)--from the US Entity List.
The US Department of Commerce's Bureau of Industry and Security (BIS) added 11 entities to its Entity List, targeting organisations in China. BIS removed three Indian entities--Indian Rare Earths, Indira Gandhi Atomic Research Center (IGCAR), and Bhabha Atomic Research Center (BARC).
Turkmenistan holds the world's fourth largest natural gas reserves and also has significant deposits of cotton, uranium, petroleum, salt, and sulfur. Uzbekistan is rich in gas, uranium, cotton, silver, and gold.
India during the Second India-Central Asia NSAs meeting has suggested establishing an India-Central Asia Rare Earths Forum to enhance cooperation in rare earth and strategic mineral sectors, fostering partnerships built on mutual benefit, transparency, and long-term goals.
China at present enjoys a near monopoly on the supply of valuable geological assets, increasing the price of rare earth materials at will and using the mineral as a geopolitical tool.
Beijing [China], February 17 (ANI): The price of rare earth hit a record high this week after demand outpaced supply in the world's top producer China, media reports said on Thursday.
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.