Latest news and articles about vital minerals from NEX English
The European Union and the United States have reached a historic agreement to coordinate on vital mineral supplies, aiming to reduce dependence on China. This agreement comes amid growing concerns over Beijing's dominance in these essential resources.
The European Union and the United States have signed a memorandum of understanding aimed at coordinating the supply of vital minerals essential for strategic sectors, including defense. This agreement is part of joint efforts to ensure the availability of these critical resources and prevent monopolization.
President Donald Trump's strategy in the mineral alliance with China faces new challenges due to oil supply shocks stemming from the conflict between the United States and Israel on one side and Iran on the other. These developments highlight the fragility of vital mineral supply chains that heavily rely on energy.
Mohammad Faisal, Executive Director of CORE Indonesia, emphasized that regulating illegal mines is crucial for ensuring sustainable supplies of vital minerals, contributing to national manufacturing goals and enhancing the economy. This statement was made during a press conference in Jakarta.
In a strategic move to enhance economic cooperation, the European Union and Australia signed a trade agreement aimed at improving access to vital minerals such as aluminum and lithium. The announcement was made in Canberra and requires ratification from both sides.
The Ghanaian parliament has approved the "Owia" project for lithium exploitation, marking a significant step towards accelerating the country’s energy transition. This decision ends a three-year regulatory crisis and enhances Ghana's competitiveness in the vital minerals sector.