China’s rare earths grip gives Xi leverage in US trade duel
China is gaining ground in the standoff, as Washington is still a decade away from securing rare earths independently from Beijing, one analyst said.
A recent report by Benchmark Mineral Intelligence forecasts that the battery industry will require a further 100,000 tonnes of cobalt by 2025. The firm’s numbers show that 57% of the world’s cobalt demand will come from the battery sector by...
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