Articles

  • 6 days ago | bloomberg.com | Annie Lee |Julian Luk

    Various rare earth minerals on display in a showroom in Inner Mongolia, China. (Bloomberg) -- China will clamp down on the smuggling of strategic minerals, the Ministry of Commerce said on Friday, mandating officials to tighten checks in line with increased export controls. In a statement after a planning meeting with other government agencies, the ministry said that preventing the illegal outflow of key metals was “an urgent and important task,” required to safeguard national security.

  • 2 weeks ago | bloomberg.com | Rachel Yeo |Annie Lee

    A worker assembles a battery at GEM Co.'s battery recycling plant in Wuhan. (Bloomberg) -- GEM Co Ltd., a Chinese battery-materials producer, aims to ramp up its recycling capacity for niche metals that have been targeted in the trade war between the US and China. The company plans to build a high-purity germanium manufacturing and recycling base, according to its earnings report on Saturday.

  • 1 month ago | insurancejournal.com | Alfred Cang |Annie Lee |Eddie Spence

    A deadly landslide at a top nickel-producing hub in Indonesia has heightened scrutiny of a method used to extract the battery metal from low-grade ore, spurring concern among buyers about the future of a vital source of supply. Two workers were killed and one was left missing after the accident at the Indonesia Morowali Industrial Park on Sulawesi island last month.

  • 1 month ago | bloomberg.com | Alfred Cang |Annie Lee |Eddie Spence

    The Indonesia Morowali Industrial Park on Sulawesi island in Indonesia. Photographer: Mohamad Hamzah/NurPhoto/Getty Images(Bloomberg) -- A deadly landslide at a top nickel-producing hub in Indonesia has heightened scrutiny of a method used to extract the battery metal from low-grade ore, spurring concern among buyers about the future of a vital source of supply.

  • 2 months ago | flipboard.com | Annie Lee |Sybilla Gross |Yihui Xie

    3 hours agoEuropean automakers are navigating stuttering demand for electric vehicles and intense competition in China Mercedes-Benz expects earnings to fall significantly this year and outlined plans to boost competitiveness that include a 10% cut to production costs over the next couple of years. “To ensure …

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