US fighter jets and missiles are in rare-earth firing line
China’s grip on the global market for rare-earth metals gives it the ability to target American weaponry in its trade war with the U.S.
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Rio Tinto, which is seeking to divest less profitable assets, said last November that it was selling its 69% stake in the world's longest-running open pit uranium mine to China for up to $106.5 million.
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The threat to weaponize strategic materials ratchets up the tension between the world’s two biggest economies before an expected meeting between Presidents Xi Jinping and Donald Trump at the G-20 meeting next month.
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Swiss open criminal probe after Glencore complaint by non-profit
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Zambia turns up the nationalist heat on its copper miners — opinion
President Edgar Lungu has swiftly followed through on his threat with a move to liquidate Konkola Copper Mines (KCM), the local operating unit of India's Vedanta and one of the country's biggest producers.
Vedanta’s KCM unit said to attract Kazakh, Chinese interest
Eurasian Resources Group and China Non-Ferrous Metals Co. expressed interest in buying Konkola Copper Mines, should the Zambian government succeed in seizing it from Vedanta.
