Tag: Metals and Minerals

The South Korean Mine at the Center of America’s Tungsten Push

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The front line of America’s scramble for critical minerals lies miles beneath the surface in the cavernous tunnels of Sangdong, South Korea, where miners blast glittering seams of tungsten from craggy rock. With the highest melting point of any metal and a hardness close to that of a diamond, tungsten is essential to manufacturing semiconductors, construction and oil-drilling equipment, and the missiles and armored vehicles used in modern warfare. Like many minerals critical to the technologies the world depends on, tungsten is overwhelmingly controlled by China, which produces roughly 85…

China Tightens Rare-Earth Grip on U.S. Firms, Threatening Trade Clash

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China took aim on Monday at a U.S. government program to reduce American reliance on Chinese imports for rare-earth magnets, a move that risks reigniting trade tensions with President Trump. New restrictions will prohibit Chinese companies from shipping certain rare-earth metals to two companies that are leading the Trump administration’s efforts to revive the American rare-earth industry. The metals banned by China’s Ministry of Commerce are critical for a wide range of products, from cars to military drones, and China controls nearly the entire global supply of them. After meeting…

China Publishes Maps Detailing Minerals on the Ocean Floor

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A research arm of the Chinese government said it had published an atlas of deep-sea mineral deposits, highlighting Beijing’s ambitions to mine the ocean floor and underscoring its disputed claims to waters that neighboring nations consider theirs. Experts say the maps, in addition to pinpointing mineral deposits found in the deep ocean, give China’s military a thorough understanding of the seafloor in strategically important waters, providing an advantage if submarine warfare were to break out. The announcement this month by the China Geological Survey puts pressure on other countries that…

Republican Bill to End E.V. Tax Credit Could Hurt G.M. and Ford

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Sales of electric vehicles have been rising in recent years, partly because of a $7,500 tax credit from the federal government that helps lower the cost of buying one. But a budget bill that House Republicans released on Monday would end that tax credit. Their proposal would also put new restrictions on other tax breaks that have encouraged automakers to invest tens of billions of dollars in new battery plants in the United States. By next year, the bill would do away with the $7,500 tax credit for buyers of…

Blinken Touts U.S. Investments in Angola

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Secretary of State Antony J. Blinken wrapped up a four-nation tour through Africa on Thursday with a visit to Angola, an oil-rich former Cold War battleground that has become the site of a struggle for 21st-century economic influence. During his visit to the coastal capital, Luanda, Mr. Blinken spotlighted major American investments in Angola, including more than $900 million for solar energy projects and $250 million to upgrade a rail corridor that carries critical minerals, including cobalt and copper, from central Africa to Angola’s Atlantic port of Lobito. Those solar…

U.S. Limits China’s Ability to Benefit From Electric Vehicle Subsidies

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The Biden administration proposed new rules on Friday aimed at shifting more production of electric vehicle batteries and the materials that power them to the United States, in an attempt to build up a strategic industry now dominated by China. The rules are meant to limit the role that firms in China can play in supplying materials for electric vehicles that qualify for federal tax credits. They will also discourage companies that seek federal funding to build battery factories in the United States from sourcing materials from China or Russia.…

U.S. Debates How Much to Sever Electric Car Industry’s Ties to China

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The Biden administration has been trying to jump-start the domestic supply chain for electric vehicles so cleaner cars can be made in the United States. But the experience of one Texas company, whose plans to help make an all-American electric vehicle were upended by China, highlights the stakes involved as the administration finalizes rules governing the industry. Huntsman Corporation started construction two years ago on a $50 million plant in Texas to make ethylene carbonate, a chemical that is used in electric vehicle batteries. It would have been the only…

A New Law Supercharged Electric Car Manufacturing, but Not Sales

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President Biden’s signature climate law has stimulated a surge of investment in electric vehicle production across the country, including tens of billions of dollars on battery plants across the South and new assembly lines near the Great Lakes. Based on early evidence, it is succeeding at a goal that economists have long considered difficult and costly: using the power of government to rapidly grow a new industry. That growth could prove crucial for the other side of the electric vehicle equation: enticing more consumers to buy them. That’s because Mr.…

How Geopolitics Is Complicating the Move to Clean Energy

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He is known as the Minister for Everything. From the government offices of Indonesia’s capital to dusty mines on remote islands, Luhut Binsar Pandjaitan commands authority as the nation’s essential power broker. A four-star general turned business magnate turned cabinet officer, Mr. Luhut’s paramount aspiration is transforming Indonesia into a hub for the production of electric vehicles. But as he pursues that goal, he and his country are increasingly vulnerable to geopolitical forces beyond their control. Though this archipelago nation has long sidestepped entanglements in ideological rivalries, it is increasingly…

China’s Nickel Plants in Indonesia Created Needed Jobs, Plus Pollution

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For most of his 57 years on the island of Sulawesi, Jamal was accustomed to scarcity, modest expectations and a grim shortage of jobs. People mined sand, caught fish and coaxed crops from the soil. Chickens frequently disappeared from front yards, stolen by hungry neighbors. Mr. Jamal, who like many Indonesians goes by one name, regularly rode his motorbike to construction jobs in the city of Kendari, a half-hour away. Then, six years ago, a towering smelter rose next to his home. The factory was built by a company called…