Day: July 7, 2022
It’s Been a Downright Terrible Week For Two of China’s Most Important Mining Ventures in Africa
Two of China's largest and most important mining ventures in Africa, one in Guinea and the other in the Democratic Republic of the Congo, face the real possibility of being shut down after years of contentious relations with their local partners. ...
Forget Cobalt, Lithium is the Key Strategic Resource
Tesla's across-the-fleet price increase this month was due in part to supply constraints of key metals used to manufacture electric vehicle batteries, specifically lithium. While the price of cobalt and nickel have steadily fallen this year due to ...
U.S. Tries to Stem the Flow of Iranian Oil to China
The United States government on Wednesday imposed new sanctions against Iranian oil companies and the network of firms that help facilitate the flow of Iranian crude to markets in East Asia, specifically China. Every year, millions of barrels ...
Algeria to Purchase Chinese Armed Drones
The Algerian military is reportedly in talks with China Aerospace Science and Industry Corporation (CASIC) to purchase four of the company's WJ-700 Falcon armed reconnaissance drones, according to Algerian press reports. Algiers hopes the drones will help improve ...