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The New Era of Critical Minerals: China and Export Restrictions on Antimony and Tungsten
In recent years, China has become an increasingly dominant player in the critical minerals sector, raising global concerns. With production accounting for about 60% of the key rare metals and a share of about 90% of the refined rare earths available on the market,...
Indonesian Nickel Conquers Europe: Exponential Export Growth and Challenges for European Manufacturers
During 2024, the stainless steel sector in Europe underwent a significant transformation, dictated by the rise of Indonesia as the world's largest supplier of nickel. In particular, the increase in exports of nickel pig iron (NPI), a low-nickel alloy used mainly by...
Alcoa Sells Its Joint Venture Interest with Ma’aden for $1.1 Billion
On 15 September 2024, Alcoa Corporation announced that it had entered into a binding share purchase and subscription agreement with the Saudi Arabian Mining Company (Ma'aden). Under this agreement, Alcoa will sell its entire 25.1 per cent stake in their joint venture...
US Confirms Section 301 Tariffs on Imports of Steel, Aluminium and Critical Minerals from China
The US government announced the confirmation of Section 301 tariffs on a wide range of raw material imports from China, including steel, aluminium, lithium ion batteries, graphite, and other critical minerals. This decision was made official on 13 September by the...