US, EU weigh climate-based tariffs on Chinese steel and aluminum
The move would mark a novel approach, as the US and EU would seek to use tariffs -- usually employed in trade disputes -- to further their climate agenda.
US senator ‘worried’ about Chinese stake in MP Materials
US Senator Lisa Murkowski. Credit: NATO
U.S. Senator Lisa Murkowski, a leading voice on energy policy reform in Washington, on Thursday said she is “worried” about a Chinese company’s stake in MP Materials Inc, which owns the only U.S. rare earths mine and last month received a Pentagon grant.
“It kind of disturbs me to know that there’s a big Chinese interest there” in MP Materials, Murkowski said at a U.S. Senate Energy and Natural Resources committee hearing.
Shenghe Resources Holding Co holds about 7.7% of MP’s stock, which Murkowski said “is something that we’re worried about.”
Las Vegas-based MP declined to comment.
(By Ernest Scheyder; Editing by Mark Porter)
Mining.com Recommends
Wyoming Innovation Center receives ‘Overcoming Adversity’ award
The center is home to companies and researchers developing commodities like asphalt, graphene, graphite, agricultural char, carbon fiber and more — using coal and coal byproducts.
Hancock takes 10% of Arafura Rare Earths
Hancock Prospecting took around half of a A$121 million placement by Arafura last week aimed at raising capital to develop the Nolans rare earths project.
Gold price slides with higher yields as traders eye Fed policy, China
Solid US economic data on Monday boosted the chances of higher interest rates for longer from the Fed.
Comments
Tony Simpson
As the free world seeks to unleash itself from suply chain monopolies for a Rare Earth minerals & Rear Earth Metals
There Is only one company outside of China that can convert REE to REM
Australian Strategic Materials