Tag: China Mineral Resources Group
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China Makes First Move to Challenge Iron Ore Pricing Power. Yet Reality Lags Online Hype
China buys over 70% of the world’s seaborne iron ore—by far the largest share of any country. By simple market logic, the biggest buyer should set the price. Yet for decades, China has had almost no say over pricing, forced instead to accept terms set by foreign ...
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WEEK IN REVIEW: China’s BYD Projects One Million EV Deliveries Abroad
China is reportedly curbing the use of European tech in its communication networks. State buyers of internet and mobile phone components have to submit contracts with companies like Sweden’s Ericsson and Finland’s Nokia for security review by the Cyberspace Administration of China before the purchase is allowed. The ...
Indonesia’s plans to develop its rare earth resources face a geopolitical dilemma because the fastest way to process them relies on China’s dominant technology and supply chains, even as the United States and its allies are urging Jakarta to reduce dependence on Beijing. Photo by AFRIADI HIKMAL / NURPHOTO / NURPHOTO VIA AFP
Indonesia sits on a geological treasure trove of rare earth minerals, and the government is eager to tap into the wealth they could bring. While it knows how to find, mine, and sell the highly sought-after critical materials, it confronts a geopolitical dilemma: The only ...
China Makes First Move to Challenge Iron Ore Pricing Power. Yet Reality Lags Online Hype
China buys over 70% of the world’s seaborne iron ore—by far the largest share of any country. By simple market logic, the biggest buyer should set the price. Yet for decades, China has had almost no say over pricing, forced instead to accept terms set by foreign ...
WEEK IN REVIEW: China’s BYD Projects One Million EV Deliveries Abroad
China is reportedly curbing the use of European tech in its communication networks. State buyers of internet and mobile phone components have to submit contracts with companies like Sweden’s Ericsson and Finland’s Nokia for security review by the Cyberspace Administration of China before the purchase is allowed. The ...