Minerals

Indonesia may relax production quotas of nickel and coal if prices stay high, minister says

The country is the world’s top exporter of thermal coal and nickel products

The deals will take the form of purchase commitments and other transactions spanning a range of products and sectors, according to White House officials.

Asia set to pledge US$30 billion in energy, mineral deals with US

Overall, some 18 nations are set to participate, including Australia, Bangladesh and South Korea

Delcy Rodriguez, the acting president of Venezuela, promised to advance new mining reforms inside Venezuela.

Venezuela says it will move at ‘Trump speed’ to unlock mineral wealth

The country’s vast mineral reserves could support a US bid to reduce its dependence on China

Price floors have long been discussed among critical minerals industry players as a way to shield non-Chinese companies from the Asian nation flooding markets.

US agencies have developed critical minerals price floor system

It’s the latest update to progress being made by the US and its allies to ringfence Western companies from China’s pressure on those markets

US Secretary of State Marco Rubio and other government officials posing for a family photo at the Critical Minerals Ministerial, at the US State Department in Washington, on Feb 4.

Singapore pledges to keep supply chains resilient as US proposes critical minerals bloc to counter China

Most of the 50-odd nations gathered to discuss the issue have not yet offered opinions on the trading bloc nor committed to joining it

US President Donald Trump (centre) unveiling "Project Vault" at the White House in Washington, DC, on Monday (Feb 2).
The US$12 billion critical minerals stockpile is aimed at minimising reliance on Chinese rare earths.

US-led critical minerals initiatives undercut by Trump

His recent moves against Greenland and Venezuela undercut the trust needed among allies to make such global partnerships work

Both the US and EU have become tethered to abundant, cheap Chinese minerals, giving Beijing leverage over their supply chains.

EU to offer US critical minerals partnership to check China

The partnership aims to jointly find ways to source critical minerals without relying on the Asian nation

Under Trump, the US has taken the rare step of investing directly in domestic minerals companies to boost the production and processing of rare earths at home.

Trump launches US$12 billion minerals stockpile to counter China

The effort is akin to the nation’s existing emergency oil stockpile

US mining and processing companies have pushed for price floors and other government backstops to help them compete with China.

US moves away from critical mineral price floors: sources

Other countries, including Australia, have also considered price floors for critical minerals

Ending US reliance on the minerals has been a top priority for Washington since last year, when Beijing imposed export restrictions on so-called rare earths.

US asks allies to step up measures on Chinese minerals

America has been pressing some European Union member states to sign bilateral memorandums of understanding