Category: tungsten

Breaking Dependency on China, Russia Requires Political Sacrifice: Mining CEO

March 15, 2023
ChinaChina Business & EconomyminingPolicies & ImpactsRare Earth MineralsSpecial TopicsTech CompetitiontungstenUSUS News
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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…

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Former US Defense Contractor CEO Arrested for Allegedly Exporting Military Technology to China

March 5, 2022
Asia & PacificBusiness & EconomyChinaCompaniesdefenseLocal NewsmilitaryNational SecurityRegional-Local NewsSouthern CaliforniaTechtechnologytungstenUSUS NewsUS-China relationsWorld
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The owner of a California-based military contractor has been arrested for allegedly breaking federal export laws by exporting sensitive U.S. technology to countries such as China. The 77-year-old Joe Sery, who used to run Tungsten Heavy Powder & Parts (Tungsten Parts), has been indicted on charges of “knowingly and willfully” exporting military intelligence, including data…

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US Defense Contractor’s Former CEO Arrested for Allegedly Exporting Military Technology to China

March 5, 2022
Asia & PacificBusiness & EconomyChinaCompaniesdefenseLocal NewsmilitaryNational SecurityRegional-Local NewsSouthern CaliforniaTechtechnologytungstenUSUS NewsUS-China relationsWorld
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The former owner and chief executive of a California-based military contractor has been arrested for allegedly breaking federal export laws by transferring sensitive U.S. technology to countries such as China. The 77-year-old Joe Sery, who used to run Tungsten Heavy Powder & Parts (Tungsten Parts), has been indicted by a federal grand jury on charges…

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Australia Funds Tungsten Mine, While Slowly Prying Beijing’s Grip on Global Supply

February 7, 2021
AustraliaChinaChinese Regimecritical mineralsInternationalrare earthtungstenWorld
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Australia has taken another step forward to loosening Beijing’s grip on the world’s critical mineral supply chains. The Tasmanian state government is offering a $10 million loan to the long-dormant Dolphin Tungsten mine on the remote King Island located in Australia’s Bass Strait. An additional $15 million of federal government support is currently being negotiated….

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