Category: Critical Minerals
Why Rock Bottom Prices for EV Battery Metals Bolsters China’s Longterm Strategy to Dominate Critical Minerals
South Africa's Impala Platinum announced voluntary buyouts this week in a bid to cut costs as the mining company grapples with persistently low metal prices. With the price of palladium down 40% this year and platinum off 14%, the challenge facing Impala ...
The U.S. Response to China’s Dominance of African Critical Minerals
Bloomberg correspondent Matthew Hill hosts a compelling eight minute mini-documentary on how the United States is now starting to mount a response to China's dominance of certain sectors of Africa's critical minerals supply chain.
Lithium Sector Leads Big Increase in Chinese Investment into Zimbabwe
Licenses issued by the Zimbabwean government could lead to $2.79 billion in Chinese investment flowing into the country. The funding will mostly go to the mining and energy sector. Zimbabwe has one of the largest deposits of lithium in the world ...
Africa’s First Non-Chinese Lithium Operation Gearing Up in Ghana
Ghana is becoming a test case in the United States’ drive to find critical mineral supplies that sideline Chinese mining and refining operations. Australia’s Atlantic Lithium is building the Ewoyaa mine in Ghana. Half of the mine’s output will go to a ...
China Dismisses U.S. Trade Rep’s Moves to Build Alternate Critical Mineral Supply Chains
The Communist Party of China (CPC) said any efforts by the U.S. and its partners to reduce their dependence on Chinese critical resources used to manufacture electric vehicle batteries is "futile and will backfire." The CPC's typically acerbic comments came ...
A Billion Dollar Copper/Cobalt Mine is Up For Grabs in the DR Congo, Providing Rare Opening For the U.S. to Get in the Market
For the first time in seven years, the United States can re-enter the all-important critical resources mining sector in the Democratic Republic of the Congo, where China is the dominant actor. The persistently low price of cobalt, a metal used to ...
Lithium Rush: The Risks and Rewards of a China-Led Commodity Boom for Latin America and the Caribbean’s Transition Materials
By Zara C. Albright At last week’s Belt and Road Forum, China announced the creation of the Green Investment and Finance Partnership (GIFP), part of the $100 billion in new financing for the Belt and Road Initiative (BRI), aimed at ...
China Takes Advantage of Cobalt’s Low Price to Boost Strategic Reserve
The Chinese government plans to fortify its stockpile of cobalt, a critical resource used to manufacture electric vehicle batteries. Insiders tell Reuters that the Strategic Reserves Administration plans to purchase 3,100 metric tons of the blue metal in a move likely timed ...
China’s Dominance of the EV Battery Metal Supply Chain
Chilean President Gabriel Boric oversaw the signing of a $233 million lithium deal on Tuesday with Chinese mining giant Tsingshan Holding Group, the latest investment that solidifies China's dominance of the fiercely contested EV battery metal supply chain.
DRC President Inaugurates New Chinese-Built Hydropower Plant
Congolese President Félix Tshisekedi opened the floodgates of the new Busanga hydropower station on the Lualaba River in southern Lualaba province's copper/cobalt belt. There's a certain irony in Tshisekdi inaugurating this particular project given that it's part of the massive $6 billion ...
Getting China Out of Mineral Supply Chains Will Take Closer Cooperation With Africa: Report
The United States is increasingly focused on lessening its dependence on China for critical minerals. While some key rare earth minerals are mined in China, its involvement is much broader in mineral refining and battery manufacturing. Many of the refined minerals ...
Reality Now Dawning Western Countries Probably Can’t Catch-Up With China in the Critical Minerals Race
There's been a noticeable shift in recent weeks in the European and North American discourse about China's dominance of critical resources used to manufacture electric vehicle batteries. Officials on both sides of the Atlantic are no longer boasting about rivaling China's ...