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Combined entity would account for about 70% of China's heavy rare earths production based on quotas for the first half of 2021
The move marks Huayou's second foray into lithium, a key ingredient in rechargeable batteries, in the space of a week
The Central Asian nation justified its May seizure of the mine, citing Centerra Gold's alleged violations of environmental laws and safety regulations
The study, which is in line with the Singapore Green Plan, will go on until mid-2022, before the companies decide on their next move.
The southern European nation is thought to have the continent's largest lithium reserves and demand is soaring as manufacturers scramble to produce low-emission fleets
State-owned China Northern Rare Earth (Group) High-Tech has agreed to form a strategic partnership with Hong Kong-listed private-sector counterpart China Rare Earth Holdings
The price jumped 5.4% from the previous day to close at 49.18 yuan ($7.71) per tonne on Monday, the highest since ending the day at 50.20 yuan on August 24
The acquisition comes as the nickel market is tightening with a surge in battery demand after an increase in global stainless steel production in recent years
China has shortcomings in high-end rare earth product applications and should improve its management of its rare earths quota release, an industry official has said
Barton, Canada’s outgoing ambassador to China and a former head of global consultancy group McKinsey & Co, will join Rio’s board in April
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Energy: The Big Picture
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
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Transport InsightsAnglo-American Puts World’s Biggest Hydrogen Truck to WorkMining giant Anglo-American has unveiled a prototype of what it says is the world’s largest hydrogen-powered mining truck
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Energy InsightsWhat is China’s Tokamak Fusion Reactor?The goal of the Experimental Advanced Superconducting Tokamak project is to unlock the secret to clean and limitless energy on earth, with minimal waste products
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Energy InsightsDoes US Warning to India Point to More Russian Oil Restrictions?The US state department says it is aware of talks between Russia and India concerning the purchase of oil. It has no objection to India buying Russian oil, provided it buys at discount
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Market InsightsKazakhstan Unrest Poses Risks for World EconomyHundreds of people have died and thousands have been detained in Kazakhstan during the worst violence seen in the Central Asian nation since it became independent in the early 1990s. The unrest in Kazakhstan poses risks for energy markets, and even cryptocurrencies.
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