News
China’s Zijin Mining clinches US$2.6b Chifeng Gold takeover in expansion drive
3+ hour, 44+ min ago (466+ words) Zijin Mining, China's largest gold producer, has expanded its buying spree by acquiring controlling shares in China-based Chifeng Jilong Gold Mining for 18.26 billion yuan (US$2.64 billion), the company said. The acquisition came only two months after Zijin Mining proposed to…...
China to stockpile critical resources and strengthen energy supply security
1+ day, 6+ hour ago (905+ words) China to stockpile critical resources and strengthen energy supply security'South China Morning Post Beijing is prioritising "strategic material security" under its new 15th five-year plan that elevates the supply and domestic stockpiling of critical resources to a matter of national security....
Why Philippines struggles to tap its US$1 trillion mineral wealth
2+ day, 21+ hour ago (281+ words) First published in 1903, South China Morning Post is Hong Kong's premier English language newspaper and has the city's most affluent and influential readership. With a reputation for authoritative, influential and independent reporting on Hong Kong and…...
China’s supply chain meets the wall of African resource nationalism
1+ week, 3+ hour ago (124+ words) As resource-rich nations introduce export bans and other limits, analyst says investment may not automatically follow Resource-rich African nations are increasingly asserting control over critical minerals to maximise domestic returns, sending global prices soaring and exerting pressure on Chinese supply…...
Beyond Pax Silica: Japan, France and Canada seek rare earth autonomy
1+ week, 2+ day ago (164+ words) Beyond Pax Silica: Japan, France and Canada seek rare earth autonomy'South China Morning Post Wary of both Beijing's grip and Washington's whims, three G7 allies are charting their own independent critical mineral course The options under discussion include import quotas on…...
US to counter China’s critical minerals dominance with innovative upgrades
1+ week, 6+ day ago (516+ words) US to counter Beijing's critical minerals dominance with innovative upgrades'South China Morning Post Potential US innovation in recycling electronic waste, combined with refining and processing, will allow the US to leapfrog China in critical minerals, an official at the Department…...
‘Severe’: why China’s grip on critical minerals still hits US supply chains
2+ week, 8+ hour ago (385+ words) Severe: why Chinas grip on critical minerals still hits US supply chains'South China Morning Post American companies are grappling with a shortage of critical minerals used in daily operations despite China easing some of its export controls, according to industry…...
DR Congo says least 200 dead in coltan mine collapse
2+ week, 4+ day ago (200+ words) The collapse took place at the Rubaya mines, where rebels claim "bombings" killed only five people A mine collapse on Tuesday at a major coltan mining site in eastern DR Congo left at least 200 dead, according to Congolese authorities, a…...
Why US money may not be enough to break China’s rare earths dominance
3+ week, 1+ day ago (204+ words) Washington aims to spend billions in Africa to build up a strategic reserve of key minerals, but analysts warn it may not be so simple The United States was out in force in Cape Town this month, throwing down a…...
China’s rare earth curbs hit US aerospace, chips hard despite trade truce
3+ week, 3+ day ago (234+ words) American firms face deepening yttrium and scandium shortages, threatening jet engine coatings and 5G chip production Suppliers to US aerospace and semiconductor "firms face worsening rare earth shortages, with two turning away some clients, industry insiders said, weeks before US President…...