Ukraine holds 23 of the 50 strategic materials identified as critical by the U.S. and 26 of the 34 recognized by the EU. Key resources include titanium, graphite, lithium, beryllium, and rare earth elements (REEs), essential for aerospace, defense, energy storage, and semiconductor manufacturing. Titanium and beryllium are crucial for aerospace and defense. Ukraine has...
READ MOREMimbula Minerals is investing $250 million in a new copper cathode plant in Chingola, Zambia, which will boost its annual output from 16,800 tonnes in 2024 to 60,000 tonnes upon completion next year. The expansion is expected to create 200 new local jobs, according to Mine Director Fidelis Chanda. Since beginning operations in 2022 with...
READ MOREKorea Zinc is reinforcing its position in the global critical minerals supply chain following China’s expanded export restrictions on tungsten, tellurium, bismuth, molybdenum, and indium. As the sole domestic producer of three of these minerals, Korea Zinc plays a key role in South Korea’s supply stability and accounts for 29% of U.S. indium imports. China’s...
READ MOREAs U.S.-China trade tensions escalate into export controls on rare metals, Korea Zinc’s role in maintaining supply chain stability for critical minerals has become increasingly significant. On February 4, China announced immediate export controls on five key metals—tungsten, molybdenum, indium, bismuth, and tellurium—just minutes after U.S. President Donald Trump’s additional 10% tariff on Chinese goods...
READ MOREElement3, a critical material extraction company specializing in oil and gas wastewater, has announced the successful production of battery-grade lithium carbonate from Midland Basin oil and gas wastewater. This achievement was made at a recycling facility operated by a subsidiary of Double Eagle Energy Holdings IV, LLC, marking a significant step toward developing a sustainable...
READ MORENimy Resources has entered into a non-binding collaboration agreement with M2i Global to support the U.S. Department of Defense in securing a sustainable supply of gallium. The partnership aims to strengthen the supply chain for gallium, a critical material used in semiconductors, radar, and aerospace technologies. Under the agreement, M2i Global will pursue a gallium...
READ MOREThe EU-Chile Interim Trade Agreement (ITA) has officially entered into force following the completion of Chile’s ratification process. Signed in December 2023, the agreement is set to enhance the competitiveness of businesses on both sides and strengthen efforts to develop net-zero economies. The ITA holds significant geopolitical importance and will foster deeper cooperation between the...
READ MOREChina announced new export restrictions on five critical metals on Tuesday, shortly after U.S. President Donald Trump imposed an additional 10% tariff on Chinese goods. The restrictions apply to tungsten, tellurium, bismuth, indium, molybdenum, and related products, which are essential in defense, clean energy, and various industrial sectors. The Chinese Commerce Ministry stated that the...
READ MORECentral Asia’s vast reserves of critical minerals, including copper, lithium, and nickel, offer both opportunities and challenges amid rising global demand. With China controlling 60% of global production and over 85% of processing capacity, Western nations seek to diversify their supply chains, making Central Asia a strategic alternative. Recent Chinese restrictions on antimony exports highlight...
READ MORECopper, dubbed the “metal of electrification,” is essential for solar panels, wind turbines, electric vehicles (EVs), and power grids. With EVs requiring nearly four times more copper than internal combustion vehicles, its availability is crucial to India’s carbon-constrained future. Demand for copper is expected to double to 50 million metric tons by 2035, driven by...
READ MORECobalt, lithium, and copper are essential for lithium-ion batteries and the electric vehicle (EV) supply chain. As China maintains strategic control over these minerals, the United States and its allies are working to diversify sources to secure supply chains. The US and Japan are increasing cooperation, exploring trilateral partnerships with Latin American mineral producers such...
READ MOREIndia has allocated 163 billion rupees ($1.88 billion) to advance its critical minerals sector, aiming to secure essential raw materials such as lithium. The federal Ministry of Mines confirmed the funding, which will support domestic exploration and offshore mineral projects. The government expects an additional 180 billion rupees in public sector investment for critical minerals,...
READ MOREThe UK is set to sign a critical minerals partnership with Saudi Arabia during the Future Minerals Forum in Riyadh this week. The agreement is part of a broader effort by the UK to secure vital supplies of critical minerals, essential for manufacturing technologies like smartphones, laptops, artificial intelligence (AI), and clean energy solutions. UK...
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