Division and suspicion have gripped five villages near Kenya’s coast as global powers from the United States to China eye a forest that is rich in rare earths, minerals vital to high-tech and low-carbon industries. The US government under President Donald Trump has made securing critical minerals central to its diplomacy in Africa, including through … Read more
The European Union is developing a new plan to curb its reliance on Chinese critical raw materials, European Commission President Ursula von der Leyen said on Saturday, as she criticised Beijing for its expanded restrictions on the export of rare earths. The European Union has for years attempted to reduce its dependence on China for … Read more
Mumbai: Bajaj Auto warned of a looming disruption in electric scooter production starting July if the ongoing restrictions on exports of rare earth magnets by China are not resolved swiftly. The company flagged a significant operational risk during its March quarter earnings call, with inventories of the critical component depleting and no clear timeline for … Read more