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 […]
Read more
USA on the long road to independence from China
The US is having a hard time breaking its dependence on Chinese rare earths The US Department of Defense has just promised to finance two rare earth separation facilities on US soil. It's a small step towards the Trump administration's stated goal of breaking the country's reliance on Chinese supplies of critical minerals. But the direct [...]
Read more
China's control over a variety of critical metals is a thorn in the side of the US
According to its constitution, the People's Republic of China is "under the democratic dictatorship of the people" but has been ruled authoritarian by the Chinese Communist Party (CCP) since 1949. China has been economically dynamic for many years. On the basis of its reform and opening policy, China developed into an economic and technological superpower beginning in 1978. Of the […]
Read more
Lynas blames the US-Chinese trade war for uncertainties in the rare earth market
Jul 30.07.2019, XNUMX - Australian Lynas Corp (ASX: LYC) reported a decline in sales and production of rare earths on Monday due to ongoing trade tensions between China and the United States. Lynas, the world's largest rare earth mining company outside of China, announced that, in the face of volatile market conditions, production of neodymium and praseodymium will continue […]
Read more
Lynas and Blue Line Corp Sign Letter of Intent for Rare Earth Separation Capacity in the US
17.07.2019/XNUMX/XNUMX - Australian Lynas Corporation Limited and Texan Blue Line Corporation are pleased to announce the signing of a letter of intent for a joint venture. The goal is to develop and expand the rare earth separation capacity in the United States. Lynas is the largest producer of rare earth materials outside of China and has a [...]
Read more