Day: July 14, 2023
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COP28 Ends With Fossil Fuel Compromise, Many Unanswered Questions
This year’s COP28 will likely be remembered for its epic fights about fossil fuel use. For the first time in the gathering’s history, an explicit commitment to “phase out” fossil fuels was on the agenda. The delegates didn’t get there, committing to “transition away” from hydrocarbons instead. ...
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Chinese Mining Companies Are Pushing Down the Price of Cobalt, U.S. Committee Wants to Do Something About It
There's a growing awareness in Washington, D.C., that the rock-bottom prices of certain critical resources used to manufacture electric vehicle batteries provide China a competitive advantage while jeopardizing U.S. national security. A massive glut of cobalt, nickel and other EV battery ...
Chinese Nickel Miners in Indonesia Are Becoming Very Anxious About Falling Prices
The year-long slump in nickel prices is endangering the economic viability of some of the many Chinese mining companies in Indonesia that dominate the sector. Chinese-owned mines account for 60-70% of all investment in Indonesia's nickel mining business, which is significant ...
South Korea Moves to Reduce Reliance on China for EV Battery Metals
The South Korean government introduced new measures this week to reduce its dependence on China for 185 different critical resources, many of which are used to manufacture EV batteries. The Ministry of Industry, Trade and Energy announced on Wednesday new measures that ...
Chinese Arms Arrive in Zimbabwe
Zimbabwean President Emmerson Mnangagwa officially received a consignment of weapons from China on Wednesday. The arms include armored fighting vehicles, personnel carriers, machine guns, and pistols. The weapons were handed over by China’s ambassador, Zhou Ding. While framing the consignment as a donation, Mnangagwa ...
Aerial view of heavy air pollution from nickel processing industries covering the Weda Bay area on Halmahera Island, North Maluku, Indonesia, August 2024. (CGSP / Mas Agung Wilis Yudha Baskoro)
By Joan Aurelia In July 2024, then-president Joko Widodo said Indonesia must “become a global player in the EV supply chain.” He was speaking at the inauguration of a Hyundai EV and battery factory in Karawang, West Java, where government officials declared the country’s commitment to ...
Re-Election of China’s Man at the Food & Agriculture Organization Could Reverberate in the Global South
By Felix Brender Earlier this month, China’s Qu Dongyu was re-elected as head of the UN’s Food & Agriculture Organization (FAO). Media coverage was rather muted inside and outside China, where official media foregrounded Qu’s being the first Chinese in such a role and ...
Mapping the Chinese Cobalt Supply Chain in the DR Congo
The China-Global South Project is proud to announce the first-ever mapping of the Chinese cobalt supply chain in the Democratic Republic of the Congo. ...
WEEK IN REVIEW: Solomon Islands Signs Police Cooperation Agreement With China
The Solomon Islands signed a police cooperation agreement with China, as part of upgrading their ties to a strategic comprehensive partnership. This resulted from a state visit by Prime Minister Manasseh Sogavare to Beijing, and follows alarm in the U.S. and Australia due to a joint security pact ...