Raw Materials and Supply Chains: US, Japan, and South Korea Seek to Counterbalance China
Cooperation in sectors such as batteries, semiconductors, and rare earths to be strengthened.
Cooperation in sectors such as batteries, semiconductors, and rare earths to be strengthened.
According to an industry report, demand for coal, oil, and other fossil fuels is growing in many regions, even though renewable energies are on the rise.
The North American country wants to bolster domestic value chains and scrutinize foreign investment in the mining industry more strictly.
Supply chain diversification and increased cooperation in strategic sectors probably also aimed at China.
Rare earths were originally set to go to Chinese company Shenghe. Government brokered a new transaction in Canada.
Analysis by the World Bank shows how strongly the policies of major economies influence trade flows.
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