Rio Tinto in talks to buy lithium miner Arcadium, sources say
The deal would vault Rio into one of the world's largest suppliers of the battery metal, behind only Albemarle and SQM.
The Pentagon holds a strategic stockpile for germanium but currently has no inventory reserves for gallium, a spokesperson said on Thursday after China announced export restrictions on the two metals used in semiconductors.
“The (Defense) Department is proactively taking steps using Defense Production Act Title III authorities to increase domestic mining and processing of critical materials for the microelectronics and space supply chain, including gallium and germanium,” the spokesperson said.
(By Idrees Ali and Rami Ayyub; Editing by Doina Chiacu)
Comments