Hints and tips:
...Before we were talking about the military, telecommunications, now we’re talking about critical minerals, energy,” she said....
...As conservative think-tank American Compass has argued, middle-American Republicans and Democrats alike tend to be more interested in income and job growth than the value of their 401Ks....
...Three of the supply deals for Ford have been struck with newcomers to the lithium market — EnergySource Minerals, Compass Minerals and Nemaska Lithium, a joint venture that includes US producer Livent and...
...Bank of America has named Anthony Knox as country executive for South Africa, according to a memo....
...The joint company will be based in North America with Livent’s chief executive Paul Graves set to take the top job, while Coleman retains his position as chair....
...Exploiting the split of the great communist Eurasian land powers was arguably America’s most effective move on the cold war chessboard....
...We think a logical approach would be to exclude projects outside of North America [from this order].”...
...Tax credits are also available for EV battery sourcing and critical minerals for Mexican companies....
...The vehicles must be made in the US to qualify for the full amount, and the critical minerals sourced for the batteries should be extracted or processed in a country the US has a free trade agreement with...
...One is the severe “bottlenecks” that haunt the permitting process in America; getting a grid connected from a place like Wyoming to the West Coast, say, can take more than a dozen years....
...The rationale behind the Chips Act will hold for other critical industries like communications equipment, rare-earth minerals, and biopharmaceuticals....
...But far more significant than the short-term risk is how the protests reminded the world that America’s most valuable brand increasingly finds itself beholden to America’s biggest geopolitical rival....
...DS: In my experience, it’s very difficult for very large corporations to change their compass....
...“As an initial statement, the IRA underlines what America’s target is. It will reward supply or refined product that doesn’t pass through Russia or China....
...The abiding narrative is that Wells lost its moral compass, betraying the confidence that Berkshire placed in the bank for so long. But what if it is actually Berkshire that has changed?...
...India could overtake China as the world’s biggest buyer of minerals over the next 10 years, according to a prominent industry investor, as China’s debt and demographic challenges become “incredibly problematic...
...Who Compass Follow @FTProperty on Twitter or @ft_houseandhome on Instagram to find out about our latest stories first...
...It was there where opposite a nursery and a shop selling bathroom tiles he found the registered offices of one company named “Arsenal Minerals” and another directed by a Russian who built his fortune in...
...I mean, from the customers you're talking to, are they concerned that China Inc, as it were, has cornered the market for battery materials?...
...“The supply side is not reacting right now,” said Michael Widmer, an analyst at Bank of America....
...If US yields suddenly become tempting again, emerging markets could once more see money sucked away to America....
...Other reasonably large businesses include SolarEdge and Belgian Umicore, while in the mining space you’ll see names like First Quantum Minerals, a major play on copper, Pilbara Minerals and Mineral Resources...
...“He’s put the cat among the pigeons,” said Simon Moores, managing director at consultancy Benchmark Mineral Intelligence....
...A version of this article was first published by the Nikkei Asian Review on July 25 2020. @2020 Nikkei Inc. All rights reserved....
...But, by 2017, he had become a global minerals magnate and key figure among a small group of powerful state financiers with large holdings in Hong Kong....
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