Albemarle Corp said on Thursday it wants to take control of Australia's Greenbushes, the world's largest lithium mine, signaling it intends to block any rival from buying Tianqi Lithium Corp's controlling stake.
May 28 Albemarle Corp said on Thursday it wants to take control of Australia's Greenbushes, the world's largest lithium mine, signaling it intends to block any rival from buying Tianqi Lithium Corp's controlling stake.
Republicans in the U.S. House of Representatives plan to introduce legislation on Thursday to bolster domestic mining and processing of minerals used in high-tech equipment, a sector currently dominated by China.
JOHANNESBURG/HOUSTON The coronavirus pandemic has paused the electric vehicle revolution, forcing producers of battery metal lithium into survival mode with output cuts, expansion delays and sales of major assets.
HOUSTON The U.S. Department of Defense last month reversed its decision to fund two projects to process rare earth minerals for military weapons, one of which has controversial ties to China, according to a government document seen by Reuters and three sources familiar with the matter.
HOUSTON The U.S. Department of Defense last month reversed its decision to fund two projects to process rare earth minerals for military weapons, one of which has controversial ties to China, according to three sources and a government document seen by Reuters.
U.S. Senator Ted Cruz introduced legislation on Tuesday to help revive the U.S. rare earths industry with tax breaks for mine developers and manufacturers who buy their products, the latest attempt by Washington to break China's control over the strategic sector.
Albemarle Corp said on Thursday it was interested in buying all or part of Tianqi Lithium Corp's controlling stake in Australia's Greenbushes, the world's largest lithium mine.
Albemarle Corp , the world's largest producer of lithium for electric vehicle batteries, cut its 2020 budget and pulled its annual forecast on Wednesday as sales drop amid the global spread of the coronavirus.
MOUNTAIN PASS, Calif. The United States wants to curb its reliance on China for specialized minerals used to make weapons and high-tech equipment, but it faces a Catch-22. | Video
China's parliament approved a decision on Thursday to go forward with national security legislation for Hong Kong that democracy activists in the city and Western countries fear could erode its freedoms and jeopardise its role as a global financial hub.