Rare earths: EU relies on uneconomical mines
Rare earths: EU relies on uneconomic mines In its rush to become independent of China for critical raw materials, the EU agreed on a raw materials regulation in record time. Securing the sought-after materials should be achieved through raw material partnerships with third countries, more circular economy and the own extraction of critical raw materials within the EU. Domestic mining should therefore [...]
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Scandium: From Soviet Secrets to China's Monopoly
Scandium: From Soviet secret to Chinese monopoly Because of the potentially high demand for climate technologies such as the hydrogen industry, the West is trying to produce its own production of the expensive rare earth metal. The aerospace and automotive industries could benefit from a safe and cheap supply of scandium. A week ago the second trilogue meeting on Critical Raw Materials took place in Brussels […]
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Rare earths: China is firmly in the saddle, despite the Pentagon investing millions
Rare earths: China is firmly in the saddle, despite millions in investments by the Pentagon China is closely guarding its dominant position in rare earths and the production of permanent magnets, which are relevant for climate technologies and the military. An Asia expert warns that China is exerting influence on western industry, which hardly exists, through hidden ties. Mike Pompeo traveled […]
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E-car batteries: Nickel from Indonesia instead of Russia
E-car batteries: Nickel from Indonesia instead of Russia The demand for nickel for cathodes will multiply by 2030. So far, the emerging EU battery industry has been dependent on Russian nickel. Because of the war in Ukraine, nickel from Indonesia is very popular. There, however, mining threatens primeval forests and isolated indigenous peoples. Joko Widodo's popularity limited […]
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JPMorgan benefits from the tension in the Chinese nickel market
JPMorgan Profits from Tension in China's Nickel Market JPMorgan Chase & Co. traded about $ 100 million in nickel last year, according to people familiar with the situation, as the company benefited from a price hike due to a China-triggered supply shortage . The year of the nickel blowout underscores the growing dominance of [...]
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Malaysia is a good example in the energy industry
Malaysia is a good example of why the global switch to renewable hydropower could be the answer to limiting climate change in the energy industry. Sarawak, the Malaysian state on the Southeast Asian island of Borneo, relies on renewable energy from its abundant water supply The state-owned energy company Sarawak Energy relies on hydropower because it is pursuing [...]
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Platinum metals continue to rise
Palladium hit a new all-time high on Friday amid ongoing concerns over supply from South Africa and the prospect of demand picking up in China. The Nymex palladium futures rose 1,5% to $ 1.636,60 in morning trading in New York before falling again. Palladium's 2019 annual earnings are over 40%, or $ 477 an ounce. [...]
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Asian Metal - 11th World Aluminum Raw Materials Summit 2020
Asian Metal - 11th World Aluminum Raw Materials Summit 2020 Agenda 16: 00-19: 00 Registration 18: 00-21: 00 Buffet Dinner Friday May 15 09: 00-09: 10 Opening Speech 09: 10-09: 30 Analysis of the Consumption of Newly Imported Bauxite from China 09: 30-10: 00 Report on Low Temperature Engineering Changes for Chinese Alumina Refineries 10: 00-10: 20 Australian Bauxite Benefits for New Chinese Demand 10: 20-10: 40 How the bauxite suppliers of Guinea [...]
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The Vancouver company QMC has lithium oxide concentrate produced in China
Vancouver Company QMC Produces Lithium Oxide Concentrate in China Vancouver-based QMC Quantum Minerals (TSXV: QMC) announced that it has entered into a partnership with a publicly traded company in China to serve the battery metal market. QMC sent mineral samples from its Irgon lithium mine in Manitoba, central Canada, to Guangxi Non-Ferrous Limu Mining in China for […]
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China has developed a new electric motor for 400 km / h high-speed trains
China has developed a new electric motor for 400 km / h high-speed trains A panel of experts in China has approved a design for high-speed trains that could travel at a speed of 400 km / h and will be in operation before 2022 for the Beijing Winter Olympics. An intelligent high-speed train connecting Beijing with Zhangjiakou, northern China's Hebei Province, said [...]
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