Roundup – Critical Raw Materials News of Week 42
China’s export restrictions on the entire rare earth supply chain continued to dominate headlines this week.
Roundup – Critical Raw Materials News of Week 42
Isabella Mook
Media Report: Pensana Abandons Plans for UK Rare Earth Refinery
Media Report: Pensana Abandons Plans for UK Rare Earth Refinery
Due to better market conditions, the company now plans to operate in the United States.
Europe’s Semiconductor Supply Remains Fragile
Europe’s Semiconductor Supply Remains Fragile
A survey by the digital association Bitkom shows that German companies are particularly concerned about dependencies on China and the USA.
One Million Jobs in Germany Depend on Rare Earths
One Million Jobs in Germany Depend on Rare Earths
Another three million jobs are indirectly linked to critical raw materials, according to a McKinsey analysis. In addition to increased recycling and joint procurement platforms for companies, strategic stockpiling is expected to improve supply security.
China’s Rare Earth Exports Hit Year-to-Date Low
China’s Rare Earth Exports Hit Year-to-Date Low
In September, only 4,000 tons of the critical raw materials were exported — 31 percent less than in August.
Roundup – Critical Raw Materials News of Week 41
Roundup – Critical Raw Materials News of Week 41
While the United States once again made headlines in the first half of the week with initiatives to build Western supply chains, raw materials giant China returned from its holiday break with a striking announcement.