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This week the International Space Station’s (ISS) five major partners are meeting in Québec to discuss the future of the space station. However, they will also address an idea that many have long considered far-fetched: the idea of mining on the moon. Some scientists think that aluminium, iron and rare earth minerals could be mined ...
Rare earth mineral prices have exploded in the last two years, following a rise in industry demand and moves by the world’s largest rare-earth exporter – China – to cut back on exports of these elements. Automobile and high-tech firms are suffering from this situation, since they use a lot of rare earth minerals in ...
Roman Baudzus writes -- The surging price of rare earth minerals is putting pressure on industrial end consumers across the globe. Automobile producers as well as computer and mobile phone businesses are as a result paying higher prices to produce their goods. These companies are almost entirely dependent on the supply and delivery of ...
Roman Baudzus writes -- After Japan's government decision on the recycling of rare earth minerals, the European Commission announced at the end of last week that it would consider similar measures in the future, reported the New York Times on Friday. The main problem of many industrialised countries resulted from their huge dependence on ...
Roman Baudzus writes -- Midweek it emerged that China's exports of rare earth minerals had decreased by 77 percent in October compared to the previous month. According to data issued by the Chinese authorities, the exports plummeted to 830 metric tons in October after reaching 3,660 metric tons in September. Experts put this development ...
Roman Baudzus writes -- As China’s Ministry of Industry and Information Technology announced this morning, the country does not intend to use its dominance in the rare earth minerals sector as a weapon against its trading partners in Japan, Europe or the United States. The decrease in the general export quota to levels 30 percent ...
Roman Baudzus writes -- As early as last week, China announced that it would reduce its exports of rare earth minerals to the United States and Europe, shortly after they had been reduced to Japan on the basis of rising political tensions about islands in the East China Sea. The decision of the Chinese leadership hits the principal buyer ...
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