China published the second batch of export data, including the amount of shipped gallium and germanium, this week, and Russian President Putin urged the development of the rare earth industry in the country. Meanwhile, the International Energy Agency published a new report on the status quo of critical mineral recycling—the details in our roundup.
China: Gallium and Germanium Exports Decline in October
China exported significantly less gallium in October compared to September. According to data from the customs authority, exports plummeted from 6,070 kilograms to just 600 kilograms. The only recipient countries were Thailand and Slovakia. The decline in germanium was less pronounced, dropping by 352 kilograms to 1,779 kilograms.
To the article
Russia: President Putin Calls for Investments in Rare Earths
Russia has extensive reserves of rare earths, but with a production of less than 3,000 tons, it plays a secondary role in this sector globally. Plans were already published in the summer of 2020 to make the country the second-largest producer after China. However, the development of the key deposit, Tomtor, in the east of the country appears to be stalled.
To the article
Critical Raw Material Recycling – IEA Report Analyzes Status Quo
The International Energy Agency (IEA) has released a report highlighting the current state of recycling critical raw materials vital for advancing the energy transition. This includes copper and cobalt, as well as rare earth elements, which have become widely used due to their magnetic properties.
To the article
Japan and South Korea Tap Peru to Bolster Critical Mineral Supply Chains
Over the weekend, the Peruvian government signed agreements with South Korea and Japan to cooperate on critical mineral supply chains following the Asia-Pacific Economic Cooperation Forum (APEC) leader meeting in the South American country. Peru is the world’s second-largest producer of copper and zinc and the third-largest silver miner.
To the article
