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The trade talks between US President Donald Trump and Chinese President Xi Jinping in Busan last week resulted in several breakthrough agreements, easing tensions for the two economies. These ranged from soybean purchases, tariff cuts and rare-earth export restrictions and more, though details were initially withheld. The White House on Saturday unveiled the complete terms…
The Arctic Ocean has long been seen as a frozen, lifeless frontier. But as climate change melts the region’s sea ice, surprising new discoveries are emerging from beneath the surface. Scientists have found that melting ice could actually stimulate marine ecosystems by increasing the growth of algae, the tiny plants that form the base of…
The United States and Japan have signed a new deal aimed at securing supplies of critical minerals and rare earths, as President Donald Trump hailed a “golden age” in relations with Tokyo. The agreement, signed during Trump’s visit to Japan on Tuesday, reflects a growing effort by Washington to reduce its dependence on China for…
File photo: EU President Ursula von der Leyen (Picture credit: AP) The European Union is moving to reduce its reliance on China for critical raw materials, following Beijing’s latest export restrictions on rare earths and battery materials. EU Commission President Ursula von der Leyen on Saturday said the bloc is preparing a new strategy, named…
(AI image generated using ChatGPT) US President Donald Trump is turning to allies and private capital to secure America’s supply of critical minerals, including rare earths, as tensions with China escalate. On Monday, Trump and Australian Prime Minister Anthony Albanese signed a landmark $8.5 billion agreement at the White House aimed at boosting rare earth…
Rare earth elements or REEs have made their way as the new strategic assets, emerging as the ‘new oil’ of the 21st century, as countries race towards cleaner energy. REEs are a set of 17 metals vital for their use in a range of devices like electric vehicles, wind turbines, smartphones and defense systems.“Invisible to…
China hit back at the US on Wednesday, warning that trade conflicts create “no winners” after President Donald Trump raised the possibility of halting cooking oil imports from China.When asked about Trump’s threat, China’s foreign ministry said trade disagreements were “not in the interests of any party.” The product in question is used in biofuels,…
The planet has reached its first catastrophic climate tipping point, with warm water coral reefs facing long-term decline, according to a new report. Scientists warn that unless global heating is reduced to 1.2°C as quickly as possible, these reefs will not survive on any meaningful scale, threatening the livelihoods of hundreds of millions of people…
Rare earth elements comprise a collection of 17 elements with comparable chemical characteristics. (AI image) India is looking to launch its programme for building a rare earth stockpile that will ease supply chain issues for the industry. This action comes in response to China’s restrictions on rare earth magnet exports, an essential component for electric…
(AP Photo/Chiang Ying-ying) Taiwan’s economy ministry has announced that China’s newly imposed restrictions on rare earth exports are unlikely to disrupt the island’s semiconductor industry, as the controlled elements differ from those used in chip manufacturing. Earlier this week, China expanded its export controls, adding five new rare earth elements and increasing scrutiny on chip-related…
