President Vladimir V. Putin on Monday said American companies could do lucrative business deals in Russia and even help mine rare earths in Russian-occupied Ukraine, further amplifying the Kremlin’s message to President Trump that there was money to be made from a better relationship with Moscow. Mr. Putin, speaking in an interview with Russian state…
BEIJING — China on Wednesday began public consultation on new regulations designed to protect its domestic rare earth industry, a sector where Beijing has previously weaponized its dominance via export controls and other restrictions. The draft regulations were released by the Ministry of Industry and Information Technology late on Wednesday and touched on issues including…
The great collision has begun. As President Trump’s national security team arrived in Europe this week, very little about their hard-line message came as a surprise. But to the political and diplomatic leaders arriving in Munich on Friday for an annual security conference where fault lines in the Western alliance are always on display, it…
Catch up on some of SCMP’s biggest China and economy stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. China’s commercial Mach-4 drone tipped to make first flight next year A Chinese start-up has said its superfast drone – capable of reaching four times the speed…
China has reported “prominent results” in its hunt for green-energy minerals, with the Ministry of Natural Resources saying new deposits of the resources deemed crucial for national security had been discovered. Among those at the top of the list released by the ministry last week were gold, copper, molybdenum, phosphorite and fluorite – minerals important…
Malaysia’s ambition to exploit its rare earths reserves worth around US$50 billion is at a crossroads, a minister told This Week in Asia, as plans to establish a domestic supply chain for its minerals hit a snag on the need for Chinese technology and risks of a US boycott due to geopolitical factors. Prime Minister…