According to some analysts, the West will still rely on China for 91% of its heavy rare earths needs by 2030, down only slightly from 99% in 2024
Experts say the shortage triggered by surging demand is exactly what is needed to further drive up investment in the nascent market
Samsung's announcement coincides with Seoul’s commitment to invest $350 billion in the US which has led to concerns that Korea could end up playing second-fiddle in manufacturing
The US is racing to establish a rare earth supply chain separate from China following Beijing’s increasingly aggressive moves to restrict its exports of rare earths to the country...
The EU has emerged as a key market for Chinese firms due to increasing competition and deflationary pressures at home and tough policies that deter their expansion in the US...
The trade war between US and China is now ensnaring ocean shipping firms that move everything from holiday toys to crude oil...
'We're going to have a lot of magnets in a pretty short period of time. In fact, we'll have so many we won't know what to do with them,' the US President said...
The German car giant plans to release about 30 EVs in China over the next five years, and hopes to sell them around the world as well...
China has published its five-year development plan for 2026-2030 and for the first time in 15 years, new energy vehicles are not included in its list of strategic emerging industries...
Britain has emerged as key market for BYD, as it is the only European nation with no tariffs on exported electric and hybrid vehicles from China...
Carmakers and dealers are struggling to make money in the world’s biggest auto market and oversupply, along with fierce competition, has left scores of firms on the brink of collapse...
The order led to a widespread outcry from users, critics, activists and political rivals who said the app could become a state surveillance tool in the world’s most populous nation...
Fossil-fuel vehicles made up 75% of Chinese auto exports since 2020, and annual shipments could top 6 million this year, amid huge overcapacity at home...
Revenues of China's top military firms fell 10% last year after the PLA and its Rocket Force were targets of a corruption crackdown ordered by President Xi, new report says...
Climate change and policies aimed at a green transition would impact labour productivity and availability, with up to 1.2 billion workers in 182 countries vulnerable to climate disruption...
Warmer oceans are one reason Asia is experiencing more intense storms, but some of the latest cyclones were rare, as they formed close to the equator....
Caught in the middle of the continuing tensions around the Dutch chipmaker are global automakers who rely on the firm for its ubiquitous chips and experts say they have 'no way out'...