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
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
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
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
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-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
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
Trump launches US$12 billion minerals stockpile to counter China
The effort is akin to the nation’s existing emergency oil stockpile
US moves away from critical mineral price floors: sources
Other countries, including Australia, have also considered price floors for critical minerals
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