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...Jose Fernandez, a top state department official, last month told the FT that China’s bid to dominate the supply chain for critical minerals onshore and offshore created a joint “vulnerability” for Washington...
...It wants to mine 10 per cent of the EU’s critical mineral consumption, process 40 per cent of it and recycle 15 per cent of it by 2030....
...It trails China and the US in areas such as manufacturing of clean technologies thanks to a mix of burdensome regulations and higher energy prices....
...Large scale trading of goods like oil and critical minerals has in the past relied on well-connected intermediaries to win business leading to corrupt deals that have drawn the scrutiny of US and European...
...Good morning and welcome to Energy Source, which comes to you today from Mexico City and New York....
...and Orion Resource Partners....
...of the world’s rare-earth mining and close to 90 per cent of processing and refining, according to the International Energy Agency....
...The boss of Mexico’s Pemex hit back at rating agencies and investors who increasingly see the state oil company as a threat to public finances as it faces hefty supplier bills and interest payments on its...
...Much like the Chinese, the Gulf states are promising resource-rich nations an investment package centred around mining; Zambia expects the UAE to invest in agriculture, tourism and energy....
...The EU’s energy regulator has warned the bloc still needs to import Russian liquefied natural gas to avoid an energy shock, even as a group of member states seeks to ban purchases of the fuel from Moscow...
...Suppliers have been reluctant to develop new factory capacity because of uncertainty around turbine sizes and the level of state support for wind farm developers....
...Australia, with the backing of the US, has high hopes of developing an alternative supply chain to China, and has provided support for rare earths and cobalt projects as part of its critical minerals strategy...
...After concerns that supply bottlenecks for critical minerals such as lithium could hamper the production of EV batteries, the industry responded by quickly bringing to market new battery chemistries that...
...Pemex, Mexico’s state-owned oil company, is curbing exports as part of a self-sufficiency push....
...Geoffrey Pyatt, US assistant secretary of state for energy resources He said the US was very focused on crippling Russia’s future energy revenues by ensuring it does not develop new liquefied natural gas...
...Almost half of Mexico’s energy mix comes from natural gas, with about 70 per cent of that demand met by the US....
...Russia controls almost half of the global capacity to enrich uranium and has established a monopoly over commercial supplies of high-assay low-enriched uranium (Haleu) — a new type of fuel which is required...
...For some resource-rich nations in Africa, Asia and Latin America, the entrance of these middle powers into the critical minerals battleground is a welcome alternative to decades of exploitative arrangements...
...The Department of Energy (DOE) and the CHIPS office at the Department of Commerce (DOE) both have “other transactions authority” — allowing the agencies to engage in all manners of creative contracts....
...The bureau, an agency within the Department of the Interior, which protects America’s natural resources, manages nearly a quarter of a billion acres — some 10 per cent of the US landmass — including public...
...Section 156 of the act prevents the appointed company from disposing of the land or any interest in it without the consent of the Secretary of State....
...While expanding oil and gas markets is an unequivocal reason of state for Putin, it is not in Washington....
...In the past four months alone, Exxon has announced a $60bn deal for Pioneer Natural Resources, the biggest producer in the Permian; Occidental has agreed to snap up CrownRock for $12bn; and Diamondback announced...
...Danny Broberg, associate director at the Bipartisan Policy Center, joins the US Department of Energy as a senior adviser in its office of fossil energy and carbon management....
...Brent Berg, president and chief executive of Rare Element Resources, a minerals company, will join Uranium Energy Corp, a North American uranium company, as senior vice-president of US operations....
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