Norwegian scientists have made a discovery of rare earth metals in the country’s northern region. The findings have the potential to transform the country’s economy and secure its place as a major player in the global market for high-tech and green technology. Furthermore, the findings could make Europe less dependent on China for the critical…
Norway Finds Rare Earth Metals That Could Make Europe Less Dependent on China
January 30, 2023
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Japan to Extract Rare Earths From Seabed Starting 2024
December 25, 2022
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Asia & PacificBusiness & Marketschina rare eartheconomyrare earth elementsrare earth metalsRare Earth MiningScienceScience NewsWorld
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Japan plans on beginning the extraction of rare earth metals from the region around Minamitorishima Island in 2024 as the country attempts to wean away from depending on China for critical resources. Work on developing extraction technologies for the endeavor will begin next year. The rare earth-rich mud is located on a seafloor at a…
Two Canadian Companies Aim to Rival China’s Monopoly of the Rare Earth Metals Market
SASKATOON—Most people use rare earth elements every day, although they may only have a vague idea of what these metals are. Rare earth elements are the building blocks of many technologies and are prized for their magnetic and catalytic properties. They “permeate” our lives, according to David Connelly, VP of Strategy and Corporate Affairs with…
Can China Hold America Hostage Over Rare Earth Metals? Three Experts Weigh In
March 23, 2022
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China holds the rare earth supply chain by the throat. Anytime China decides to, it can cut us off, which means no more electronics. We explore the danger of the world’s reliance on exports of rare earth metals that go into cars, radars, appliances, and so much more. Are we at the mercy of the…
‘Green Inflation’ Is Heating Up This Tiny Market
These days the immediate future of EVs is very much in flux. At some point, it’s fair to say that electric vehicles will be part of our everyday lives. Whether they become a staple of urban living where short-term trips are the norm or whether some battery technology is finally developed that lets owners drive…
South Korea Eyes Australia’s Minerals To Surpass China As Battery King
December 14, 2021
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South Korea is making a beeline for Australia’s vast critical mineral deposits in a bid to reclaim the throne as the world’s biggest electric vehicle battery maker. With South Korean President Moon Jae-in becoming the first international leader to visit Australia since the reopening of its borders, the two nations have made significant bilateral strides—including…
US and China Battle for Defense-Critical Rare Earth Metals
September 22, 2021
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Analysis For years, China has undercut other countries in the production and refining of defense-critical rare earth metals, dominating the global market. At present China controls 85 percent of the global supply. The Chinese Communist Party (CCP) uses threats to cut off the supplies of rare earth minerals as a bargaining chip. It did this…
Canada’s Rare Earths Could Crush China’s Dominance
Commentary “The Middle East has oil. China has rare earths,” Chinese paramount leader Deng Xiaoping presciently said in 1992, as he weaponized rare earths for their strategic advantages. The United States and the rest of the West are today utterly dependent on China’s rare earths—a term for 17 metals and compounds that tend to be…
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