UK has no immediate plans for critical minerals price floor, Minister says

View: Source Britain has no plans to match the United States in supporting domestic rare earth companies with a price floor to cut reliance on dominant producer China, Industry Minister Chris McDonald said. So far Britain is attracting adequate investment in the critical minerals sector to develop home-grown supply, but it will monitor the situation in case other mechanisms are needed, he told …

Continue Reading

New copper demand drivers from US, India as China juggernaut slows

View: Source Copper consumption in the United States and India is set to emerge from China’s shadow over the next decade as demand growth in the world’s largest consumer of the industrial metal slows. Beijing’s industrial and infrastructure expansion has helped fuel a rally that has seen copper prices rise to above $10,000 a metric ton from $1,500 25 years ago. …

Continue Reading

China Says It’ll Approve Rare Earth Licences For ‘Civilian Use’

View: Source This is the first such indication from Beijing that it is taking concrete measures to reach a key promised outcome from a meeting between US President Donald Trump and Xi Jinping in October. Chinese officials confirmed on Thursday that the country had begun issuing some licences for exports of rare earths critical to global tech supply chains, in the …

Continue Reading