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...Companies wishing to explore for minerals in international waters must apply to the ISA with the backing of a member state. Not ratifying Unclos means the US cannot sponsor licences....
...EU member Romania on Friday awarded a mining concession to Verde Magnesium, a Bucharest-based company backed by US private equity investor Amerocap....
...of Sydney Airport, Afterpay, Newcrest and Oz Minerals....
...US confectionery giant Mondelez will be fined millions of euros as early as next month for restricting sales of its products between EU member states, according to three people with direct knowledge of the...
...Her moves come against the backdrop of a strategic push by the US and Australia to build critical minerals supply and refining capacity to reduce dependence on China, which accounts for about 60 per cent...
...We also supply 12 of the 50 mineral products identified by the US Geological Survey as critical for US interests....
...The Australian government’s classification of nickel as a “critical mineral” will make companies eligible to access the A$6bn facility, which offers low-interest loans and grants to support industry....
...out, according to executives from mining companies and trading houses, as well as a senior US government official....
...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....
...The US’s chief geopolitical competitor, China, leads production for many critical minerals — over 65 per cent of rare earth mineral production in 2023 was in China, and one forecast estimated that 97 per...
...EXIM is the official export credit agency of the US federal government....
...It adds a third investment string to a bow previously limited to Europe and the US, plus a giant market for meat, soy and minerals....
...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...
...“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....
...“The communities should look and say ‘we own this, and this is us’.” Additional reporting by Mary McDougall in London...
...Mineral Resources backed out of an Australian refinery joint venture with Albemarle this year, citing the difficulty in competing with Chinese companies on cost....
...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....
...The US International Development Finance Corporation in 2020 made an equity investment in TechMet, with retired admiral Mike Mullen agreeing to lead the company’s advisory board....
...“And for a country like us, where we care about our downstream programme, that is really important.”...
...The US, Canada and the EU have all introduced more effective policies backed by subsidies to boost the supply of critical minerals independent of China, according to the committee....
...The US thinks so, at least when it comes to critical minerals such as nickel, lithium and a swath of the periodic table....
...EVs are still more expensive to make than petrol cars, partly because of the high cost of minerals required for their batteries....
...Smart reads Mineral tycoons Copper, nickel and other minerals behind clean energy are increasingly popular targets for Middle Eastern investors looking to push beyond fossil fuels, the FT reveals....
...Agoa provides duty-free access to the US market for exports across 1,800 product lines from eligible African countries....
...The discovery comes as the US government embarks on a charm offensive and infrastructure push in Africa in an effort to compete with China’s control over minerals that are critical for defence, renewable...
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