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...“We have not seen significant selling, but a rotation into industrials, materials etc, where there is potential for more growth uplift.”...
...By wielding its cheap, abundant energy, it can process the raw materials from resource-rich nations starved of finance to manufacture products such as steel or electric cars for rapidly growing consumer...
...The IRA entitles consumers of electric vehicles to a clean vehicle tax credit of up to $7,500 as long as the raw materials and components meet certain thresholds....
...Such electro-thermal installations, variously made of rocks, bricks and other materials heated with an electric coil, aim to solve one of the energy transition’s largest and least talked-about problems....
...But analysts said Chinese steel was still finding its way into western markets through Asian nations such as India, Japan and Vietnam importing cheap raw materials from China and then selling them to Europe...
...“[Western companies] were never allowed to sell any material to Russia, so that’s a very strange situation....
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...Critical raw material: Romania will restart Europe’s first magnesium mining operations in more than a decade to counter reliance on China....
...I flew over the rail line, the mines and the port in a helicopter, it is amazing what has happened,” Stausholm said, adding that tunnels along the rail corridor had already been prepared and materials ordered...
...Lithium ions diffuse easily within today’s liquid electrolytes, but that is not the case with solid material....
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