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2024-11-04 14:00:49

South China Morning Post on Nostr: Rare earths in spotlight amid US-China tensions, Myanmar turmoil ========== Rare ...

Rare earths in spotlight amid US-China tensions, Myanmar turmoil
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Rare earth prices expected to consolidate gains due to Myanmar supply disruptions; armed rebels took control of a mining centre in Myanmar on October 23, 2024; China Northern Rare Earth (Group) High-Tech announced price increases; China imported 31,000 tonnes of rare earth oxide from Myanmar in the first nine months of 2024; China controls 90% of global rare earth processing capacity and 60% of production; US presidential candidate Donald Trump threatens 60% tariff increase on Chinese goods; Kamala Harris likely to maintain current tariff levels; China set upper limits for rare earth mining output at 135,000 tonnes and smelting at 127,000 tonnes; China banned export of rare-earth-extraction technologies; James Chin from the University of Tasmania notes global search for rare earth elements.

#RareEarths #UschinaRelations #Myanmar #TradeTensions #Economy #Mining #Tariffs #ExportControls #SupplyChain #Geopolitics

https://www.scmp.com/economy/global-economy/article/3285152/rare-earths-spotlight-amid-us-china-tensions-myanmar-turmoil
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