Brazil Moves to Guard Its Critical Minerals as Global Demand Grows

View: Source Brazil’s President Luiz Inácio Lula da Silva has announced the creation of a new commission to map and control the country’s critical minerals, aiming to keep these resources under national ownership as global competition for them heats up. Only about 30% of Brazil’s mineral-rich territory has been fully explored. The government wants to identify how much lithium, rare earths, …

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China’s Control Of Supply And Demand Gives Lithium A 20% Boosts

View: Source Chinese control of both the demand for electric vehicles (EVs) and the supply of battery raw materials has sparked a surprise recovery in the price of lithium which has risen by 20% over the past three weeks. That higher price move looks less impressive when measured against the 87.5% price crash of the previous three years. The lithium collapse, …

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US eyes Philippine rare earths to counter China’s ‘chokehold’

View: Source The Philippines may have been unwittingly supplying China with key ingredients for everything from smartphones to missiles, insiders say. When US officials met their Philippine counterparts in Kuala Lumpur this month to discuss critical minerals, few outside industry circles realised the quiet significance of the conversation: a new front in the global contest over resources essential to modern technology …

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