On December 3, 2024, China imposed its most stringent set of critical mineral restrictions after the United States not only slapped export controls on 24 types of chipmaking equipment and three categories of software essential for semiconductor development, but also added 140 Chinese companies to the export control list. While these measures and countermeasures have … Read more
Nigeria and France have agreed to develop joint projects to promote and diversify the critical minerals value chain in the solid minerals sector of both countries. Critical minerals such as copper, lithium, nickel, cobalt, and rare earth elements are essential to clean energy technologies. In the Memorandum of Understanding (MOU) signed by both countries on … Read more
Future Made in Australia (Production Tax Credit and Other Measures) Bill 2024 introduces two key tax incentives. Pixabay In a major move to support the energy transition and boost investment, Australia is set to introduce new legislation that provides production tax incentives for renewable hydrogen and critical minerals. The Future Made in Australia (Production Tax … Read more
China will start a six-year nationwide geoscience survey in early 2025 aiming to find natural resources to support the country’s quest for self-reliance. The research initiative – called SinoProbe II – is being conducted at a cost of US$1 billion, aiming to create a subterranean map of the country, according to a report on the … Read more
A villager poses with lithium stones in Jammu and Kashmir’s Reasi district. | Photo Credit: PTI The story so far: In late June, the Centre declared the winning bidders for mining rights in six blocks of critical minerals, including graphite, phosphorite and lithium, for which India largely relies on imports. These are the first private … Read more
This fuzziness is not new of course. The securitisation of global economic networks stretches back decades with the United States wielding tools including dollar weaponisation and trade sanctions, as well as using capital for geopolitical gains. China’s past economic coercion of Australia and Vietnam is simply a borrowed play by a different team. Unsurprisingly, as … Read more
