News Analysis Global supply chain interruptions are exacerbated by China’s lock on chemical processing. In 1987, former Chinese leader Deng Xiaoping said, “The Middle East has oil, China has rare earths.” It seems that decades ago, the Chinese Communist Party (CCP) had already recognized the importance of controlling raw materials. Beyond mining and extraction, China’s…
China Controls the World’s Critical Minerals Supply Chains
Peruvian Bus Carrying Mining Workers Plunges Into Abyss, Killing 16
LIMA—A bus in the Peruvian Andes transporting contract workers at MMG Ltd’s Las Bambas copper mine plunged off a cliff on Friday, the company said, killing 16 people and injuring two. The accident took place early in the morning while the vehicle navigated hairpin turns through the province of Cotabambas in Peru’s Apurimac region, where…
Australia Halts China Owned Mine Expansion in Tasmania Over Environmental Outcry
The Australian Federal Government has temporarily ceased plans to prolong the life of a majority Chinese state-owned mine in Tasmania following public outcry over its proposal to decimate a section of rainforest. The plan to extend the shelf life of Minerals and Metals Group’s (MMG) 85-year-old Rosebery Mine for another 40 years was put on…
Aussie PM Pushes to Cut Million-Dollar Delays in Mining and Gas Projects
The resources industry has championed Australian Prime Minister Scott Morrison after calling for reform of the environmental conservation act that had previously left mining and gas projects waiting years for approval and cost companies up to a million dollars a day. Despite a global landscape imbued with growing debt following the effects of the COVID-19,…
Climate Change and the Energy Transition Demand a US Mining Revolution
Commentary “Today, the data shows a looming mismatch between the world’s strengthened climate ambitions and the availability of critical minerals that are essential to realizing those ambitions,” says Fatih Birol, executive director of the International Energy Agency (IEA). Yet the United States and the world are in the midst of a great “energy transition” to fight…
Australian Labor Party Leader Denies Losing Support of Mining Communities
Federal Labor leader Anthony Albanese has rejected suggestions that blue-collar workers have turned their back on the party following a loss in the Upper Hunter byelection. In contrast, fellow Labor MP Joel Fitzgibbon, whose federal seat covers a similar area, argued that the sharp decline Labor saw in its primary vote over the weekend should…
Labor Leader Anthony Albanese Denies Blue Collar Votes ‘Collapsing’
Australia’s national Opposition Leader Anthony Albanese has rejected suggestions that blue-collar workers have turned their backs on the Labor party following a loss in the Upper Hunter byelection over the weekend. This comes as Labor MP Joel Fitzgibbon warned that Labor’s primary vote in regions like the Upper Hunter had “collapsed to existential levels” and that…
Chinese Rare-Earth Project in Doubt After Greenland Opposition Wins Election
HELSINKI—Greenland’s main opposition party, which is against an international mining project involving uranium and other metals on the Arctic island, has emerged as the biggest party after winning more than a third of votes in an early parliamentary election, according to initial results. With nearly all votes counted Wednesday, the left-leaning Community of the People…
Malcolm Turnbull Dumped As Chair of Clean Energy Board
Former Prime Minister Malcolm Turnbull has been removed from his position as chair of the New South Wales Net-Zero Emissions and Clean Economy Board, only a week after his appointment. Premier Gladys Berejiklian said that while she admired and respected Turnbull, his appointment “unfortunately for everyone concerned … was proving to be a distraction”. The…
Malcolm Turnbull Dropped As Chair of Clean Energy Board
Former Prime Minister Malcolm Turnbull has been removed from his position as chair of the New South Wales Net-Zero Emissions and Clean Economy Board, only a week after his appointment. Premier Gladys Berejiklian said that while she admired and respected Turnbull, his appointment “unfortunately for everyone concerned … was proving to be a distraction”. The…
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