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The new rules, which take effect in October, say the State Council will establish a rare earth product traceability information system. They also seek to protect domestic supply of critical minerals.
US lawmakers had a busy week discussing rules about Chinese electric vehicles, as well as trade and investment measures on chips, drones and shipbuilding
Toyota production in China sank by 22%, partly because local brands are more competitive. Meanwhile, Zeekr EVs have sold well in Russia, despite the lack of charging stations
Thai banks were involved in $120 million worth of weapons and related materials exported to Myanmar in the 2023-24 fiscal year – "sustaining the junta's campaign of violence," the official said
More than 230 million tonnes of managanese nodules have been found off Japan's most eastern island, according to a survey team, who said work to extract the rare minerals will begin next year
The conglomerate will look at options from mergers to divestments as it seeks to manage its many subsidiaries and bloated main businesses weighing on its finances
Tokyo imposed asset freezes and export bans on 11 companies, plus groups in five countries last Friday over sanctions related to Russia's invasion of Ukraine
Chinese companies have asked top Malaysian officials to lobby against the US imposing tariffs on products made or assembled in Malaysia
Fire and rescue service personnel said 22 people - most of them Chinese workers – were killed when the factory exploded in an industrial area near Hwaseong
The EU and Beijing will discuss tariffs imposed on Chinese EVs, following a visit by Germany's economy minister, who had "very open" and "blunt" exchanges with his counterparts
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Energy: The Big Picture
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
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Transport InsightsAnglo-American Puts World’s Biggest Hydrogen Truck to WorkMining giant Anglo-American has unveiled a prototype of what it says is the world’s largest hydrogen-powered mining truck
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Energy InsightsWhat is China’s Tokamak Fusion Reactor?The goal of the Experimental Advanced Superconducting Tokamak project is to unlock the secret to clean and limitless energy on earth, with minimal waste products
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Energy InsightsDoes US Warning to India Point to More Russian Oil Restrictions?The US state department says it is aware of talks between Russia and India concerning the purchase of oil. It has no objection to India buying Russian oil, provided it buys at discount
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Market InsightsKazakhstan Unrest Poses Risks for World EconomyHundreds of people have died and thousands have been detained in Kazakhstan during the worst violence seen in the Central Asian nation since it became independent in the early 1990s. The unrest in Kazakhstan poses risks for energy markets, and even cryptocurrencies.
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