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...The US International Development Finance Corporation (DFC) has invested $105mn into TechMet, a $1bn critical minerals fund, which has pledged $50mn of equity for Rainbow Rare Earths, the company behind the...
...tungsten in its products....
...Rare earths are a set of 17 elements used in a variety of products critical to the energy transition, including wind turbines and electric vehicles....
...“This move is a product of much preparation, planning, thought and action,” said one person familiar with BHP’s bid....
...We also supply 12 of the 50 mineral products identified by the US Geological Survey as critical for US interests....
...Li, of U-Power, is among Chinese EV executives who want their companies to be seen as “global”....
...“When you produce a product that is so important for food production, that’s a powerful tool,” he said....
...will reduce their dependence on key minerals....
...There is a limited, if admittedly growing, data set on zigzags and U-turns in policy and technology....
...mineral....
...Panama will shut one of the world’s largest copper mines, its president said on Tuesday, after the country’s Supreme Court struck down a Canadian company’s contract to operate it amid large protests....
...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 Ireland-domiciled iShares World Equity High Income and iShares U.S....
...The mine contributed 5 per cent of Panama’s gross domestic product. “I’m still asking myself . . . how did this change happen?”...
...This would raise costs for refiners, which would have to spend more to purchase raw ore; ultimately, these costs would get passed on to consumers of refined products such as car companies, which would likely...
...“And that’s a product of their own making.”...
...The recent measures embraced by California, forcing large companies to report Scope 3 emissions — from their supply chains, and the use of their products — are similar too....
...China has shifted its investments in Latin America towards strategic sectors such as critical minerals, technology and renewable energy as it challenges the US and Europe in crucial 21st-century economic...
...Mineral Resources backed out of an Australian refinery joint venture with Albemarle this year, citing the difficulty in competing with Chinese companies on cost....
...: “We sell products from all over the world . . . but we don’t sell products from companies that adulate Japan.”...
...In the past 12 months, the group has invested more than $180mn into critical minerals companies....
...Without admitting or denying the allegations in the SEC’s complaint, which was filed in the U.S....
...“What is proven at lab scale often fails to meet expectations in initial commercialisation,” said Matt Stock, product director of new technology at Benchmark Mineral Intelligence....
...Anglo American’s shares suffered their biggest one-day fall since the financial crisis in 2008 after the company revealed plans to slash mineral production to cut costs and boost profitability....
...The mine, owned by First Quantum Minerals, accounts for around 5 per cent of the country’s gross domestic product and has been the subject of public anger over environmental damage and perceived corruption...
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