Depending on China for rare earth minerals puts the UK in a vulnerable position because the “entire future” of manufacturing is based on them, a select committee of MPs heard on Tuesday. Asked which UK sectors are most vulnerable because of China’s dominance in critical minerals, Jeff Townsend, founder of the Critical Minerals Association, told a Foreign…
Dependence on China for Critical Minerals Makes the UK Vulnerable, MPs Told
Breaking Dependency on China, Russia Requires Political Sacrifice: Mining CEO
March 15, 2023
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America is currently in no position to shake dependency on China and Russia for key minerals needed to manufacture much of the technology powering modern civilization, the chief executive of a global mining company said. The push to rapidly reduce carbon emissions further complicates the situation as it requires even more of those minerals, he…
Like Australia, Canada Should Cut Red Tape in Critical Minerals Industry: Analyst
Canada does not have enough reserves to become a major world player in the growing critical minerals industry, says analyst Jack Mintz. But it might have enough for domestic needs. And Canada’s mining industry has one of the greatest prospects for growth in the world, he says—if the regulatory environment improves. The permitting process in…
Biden’s ‘Green’ Agenda Could End Up Sending Taxpayer Cash to Chinese-Owned Mines in Canada
November 22, 2022
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The Biden administration is seeking to fund Canadian mining ventures to help accelerate President Joe Biden’s green energy push, even though multiple Canadian mining corporations are partially owned by Chinese entities. The Department of Defense (DoD) has set aside over $1 billion to help the United States acquire more rare earth minerals, which are needed…
Researchers Discover Way to Make Magnets Without Rare Earth Metals
October 25, 2022
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Scientists from the University of Cambridge and their Austrian colleagues have discovered a novel method of making magnets without the use of rare earth metals, an innovation that could offer a possibility for Western countries to veer away from overly depending on China for the tech-critical materials. Researchers found a way to produce tetrataenite, an…
New Magnetic Motor Uses Less Rare Earth and Could Increase Distance of EVs
September 13, 2022
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Engineers from Australia’s University of New South Wales (UNSW) have developed a magnetically-driven motor that not only requires less rare earth mineral to develop, but could potentially increase the distance electric vehicles (EVs) can cover. Inspired by the shape of the longest railroad bridge in South Korea—the Gyopo rail bridge—the prototype Interior Permanent Magnet Synchronous…
Capitol Report (April 15): CIA: China is Russia’s Silent Partner
April 15, 2022
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The Labor Department released the latest unemployment data Friday. The Biden administration praised the low unemployment rate and job growth as a sign that the economy is doing well, but is there more to the picture? Tensions escalate after a Russian warship sinks. U.S. officials say the Russian-Ukraine war could last through the end of…
Congress Should Not Import Rare Minerals From China and Taliban, Say Republicans
During a hearing by The House Energy and Commerce Committee to finalize their portion of the $3.5 trillion budget reconciliation package on Monday, GOP members urged Democrats to support an amendment that would end the reliance on China for rare earth minerals and more specifically China’s new source of these minerals, the Afghan Taliban. “Mr….
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