The Quad partner nations — United States, Japan, Australia and India — unveiled plans to invest $20 billion to further support the buildout of a reliable critical minerals supply chain in an effort to counter China’s dominance. The Quad Critical Minerals Initiative announced on Tuesday sets out the framework for the nations to work together through economic policy tools and …
Continue ReadingCanada is pushing more of its aluminum towards Europe to make the most of higher premiums on offer, after its neighbor the United States imposed a 50 per cent tariff on the metal last year. A loss of Middle East volumes due to the Iran war has hit Europe hardest and intensified competition with the U.S. for low-carbon supply, driving …
Continue ReadingTrump’s Beijing summit produced business deals and temporary diplomatic easing, but failed to secure a long-term rollback of China’s rare earth export restrictions. China continues to dominate heavy rare earth supply, with exports of key materials like dysprosium, terbium, and yttrium still heavily restricted. The U.S. and Europe are accelerating efforts to build independent rare earth supply chains through major …
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