India, Australia collaborate on critical minerals for renewable energy and climate action

View: Source India and Australia are reinforcing their partnership on critical minerals to secure supply chains and enable the global transition to clean energy. This strategic collaboration recognises that lithium, cobalt, rare earth elements and similar resources are essential inputs for renewable technologies. The rationale is clear. According to the International Energy Agency, global demand for lithium may increase by more than 40 …

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In global race for critical minerals, China identifies dozens of new reserves

View: Source Deposit in Hunan province has an estimated 490 million tonnes of lithium ore and 1.31 million tonnes of lithium oxide, report says. China identified 38 new sites of mineral reserves in the first half of this year, discoveries that are expected to help the country meet its resource security goals. The Ministry of Natural Resources said on Thursday that …

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Japan urges China to ease export curbs on critical minerals

View: Source Japan’s Foreign Minister Takeshi Iwaya urged his Chinese counterpart Wang Yi on Thursday to ease Beijing’s export restrictions on critical minerals, including rare earth elements used in semiconductors, expressing “strong concern” over the negative impact of the curbs on Japanese firms. Iwaya, who met with Wang on the fringes of regional gatherings in Malaysia, also called on China to …

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EU to stockpile critical minerals amid geopolitical risks, FT says

View: Source The European Union plans to stockpile critical minerals as a precaution against potential supply disruptions due to geopolitical tension, the Financial Times reported on Saturday, citing a draft document by the European Commission. “The EU faces an increasingly complex and deteriorating risk landscape marked by rising geopolitical tensions, including conflict, the mounting impacts of climate change, environmental degradation, and …

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