Tag #Critical Minerals

Showing 61 to 72 of 146 results

theglobeandmail.com

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May 16, 01:13

Ontario's 2025 Budget: Delayed Balance, Tariff Relief, and Economic Uncertainty

Ontario's 2025 budget, released Thursday, addresses economic uncertainty caused by U.S. tariffs, delaying the balanced budget timeline and allocating $5 billion to a "Protecting Ontario Account" for business relief, while also focusing on Indigenous partnerships, alcohol/cannabis market changes, and...

Ontario's 2025 Budget: Delayed Balance, Tariff Relief, and Economic Uncertainty

Ontario's 2025 budget, released Thursday, addresses economic uncertainty caused by U.S. tariffs, delaying the balanced budget timeline and allocating $5 billion to a "Protecting Ontario Account" for business relief, while also focusing on Indigenous partnerships, alcohol/cannabis market changes, and...

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Decent Work and Economic Growth

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What is the primary economic challenge addressed in Ontario's 2025 budget, and what are its immediate financial implications for the province?

Ontario's 2025 budget, released Thursday, delays the path to a balanced budget due to economic uncertainty stemming from U.S. tariffs. The projected deficit for 2025-26 is $14.6 billion, significantly higher than initially forecast. To mitigate tariff impacts, the budget includes a $5-billion "Protecting Ontario Account" for business relief.

nos.nl

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May 14, 22:11

US-China Trade Deal: Tariff Reductions Mask Lingering Tensions

The US and China implemented a 90-day trade deal, lowering tariffs on some goods; however, underlying tensions persist due to China's control of critical earth metals and continued US tariffs on other products, while China stimulates its domestic economy.

US-China Trade Deal: Tariff Reductions Mask Lingering Tensions

The US and China implemented a 90-day trade deal, lowering tariffs on some goods; however, underlying tensions persist due to China's control of critical earth metals and continued US tariffs on other products, while China stimulates its domestic economy.

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What are the immediate economic impacts of the US-China trade deal, and how significant are they globally?

The US and China reached a 90-day trade deal, reducing some tariffs. US import tariffs on Chinese goods dropped from 145 percent to 30 percent, while Chinese tariffs on US goods fell from 125 percent to 10 percent. This initially boosted global optimism and stock markets.

forbes.com

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May 2, 16:14

U.S.-Ukraine Mineral Deal Aims for Peace and Supply Chain Diversification

The U.S. and Ukraine signed a deal on April 30th granting the U.S. priority access to Ukrainian critical minerals (55 minerals and metals, natural gas, and oil) to reduce reliance on China and incentivize a peaceful resolution to the conflict with Russia; however, the deal's success depends on Ukrai...

U.S.-Ukraine Mineral Deal Aims for Peace and Supply Chain Diversification

The U.S. and Ukraine signed a deal on April 30th granting the U.S. priority access to Ukrainian critical minerals (55 minerals and metals, natural gas, and oil) to reduce reliance on China and incentivize a peaceful resolution to the conflict with Russia; however, the deal's success depends on Ukrai...

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Peace, Justice, and Strong Institutions

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How does this agreement attempt to address both U.S. dependence on China for critical minerals and the ongoing conflict in Ukraine?

The agreement establishes the US-Ukraine Reconstruction Investment Fund, prioritizing U.S. involvement in exploring and extracting 55 minerals and metals, along with natural gas and oil. This aims to diversify the U.S. supply chain for critical minerals, currently dominated by China, while simultaneously supporting Ukraine's reconstruction and potentially fostering peace negotiations with Russia.

edition.cnn.com

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May 1, 16:13

US-Ukraine Minerals Deal: Preferential Access, Joint Investment, and Condemnation of Russia

The US and Ukraine signed a natural resource deal granting the US preferential access to Ukrainian minerals in exchange for future military aid, framed as an investment in a joint fund; the deal excludes reimbursement for past aid and condemns Russia's aggression, while Ukraine retains ownership and...

US-Ukraine Minerals Deal: Preferential Access, Joint Investment, and Condemnation of Russia

The US and Ukraine signed a natural resource deal granting the US preferential access to Ukrainian minerals in exchange for future military aid, framed as an investment in a joint fund; the deal excludes reimbursement for past aid and condemns Russia's aggression, while Ukraine retains ownership and...

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What are the key concessions made by both the US and Ukraine in the newly signed minerals agreement, and what are the immediate implications for both countries?

After weeks of negotiations, Ukraine and the US finalized a natural resource agreement. The deal grants the US preferential access to Ukrainian minerals but avoids US demands for reimbursement of past aid. Future US military aid will be counted as investment in a joint fund for resource development.

theglobeandmail.com

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Apr 28, 04:12

EDC to Expand Funding for Canadian Mining Sector Amidst Global Uncertainty

In 2022, Export Development Canada (EDC) provided $7.6 billion to Canada's mining sector and plans further expansion to support critical minerals development and international diversification amid global trade uncertainties, particularly focusing on helping Canadian mining companies reduce their rel...

EDC to Expand Funding for Canadian Mining Sector Amidst Global Uncertainty

In 2022, Export Development Canada (EDC) provided $7.6 billion to Canada's mining sector and plans further expansion to support critical minerals development and international diversification amid global trade uncertainties, particularly focusing on helping Canadian mining companies reduce their rel...

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How does EDC's strategy for supporting Canadian mining companies balance domestic needs with international diversification?

EDC's increased commitment to the mining sector is driven by government support (both Liberals and Conservatives), Canada's 2022 critical minerals strategy, and the need to counter US tariffs. EDC's activities include facilitating international partnerships, such as connecting Canadian drillers with Chilean copper producers, to reduce reliance on the US market. A significant example is the potential $500 million loan to Canada Nickel for a nickel-cobalt mine.

cnn.com

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Apr 25, 01:16

Trump Fast-Tracks Deep-Sea Mining, Bypassing International Regulations

President Trump signed an executive order to fast-track deep-sea mining in US waters for critical minerals, aiming to reduce reliance on China and bypass international regulations, despite environmental concerns.

Trump Fast-Tracks Deep-Sea Mining, Bypassing International Regulations

President Trump signed an executive order to fast-track deep-sea mining in US waters for critical minerals, aiming to reduce reliance on China and bypass international regulations, despite environmental concerns.

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Life Below Water

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What are the immediate implications of Trump's executive order on deep-sea mining for US national security and economic interests?

President Trump issued an executive order to accelerate deep-sea mining for critical minerals within US waters, aiming to reduce reliance on China and bolster national security. This involves expediting permits and bypassing the International Seabed Authority's regulations. The US estimates over 1 billion metric tons of minerals are present.

theglobeandmail.com

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May 14, 22:10

U.S. Must Partner with Canada on Critical Minerals, Expert Says

Testifying before the Senate, a critical minerals expert underscored the need for stronger U.S.-Canada collaboration to lessen dependence on China for rare earths, contradicting President Trump's stance. The U.S. holds only 1.3 percent of global rare earth reserves, and tariffs on Canadian imports h...

U.S. Must Partner with Canada on Critical Minerals, Expert Says

Testifying before the Senate, a critical minerals expert underscored the need for stronger U.S.-Canada collaboration to lessen dependence on China for rare earths, contradicting President Trump's stance. The U.S. holds only 1.3 percent of global rare earth reserves, and tariffs on Canadian imports h...

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Industry, Innovation, and Infrastructure

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What are the long-term implications of the U.S.'s approach to securing critical minerals for its national security and economic interests?

The U.S.'s pursuit of critical mineral independence faces significant challenges due to its limited reserves and the complexities of global trade relations. While the U.S. aims to diversify its supply chains and reduce dependence on China, the need for robust partnerships, such as that with Canada, will be instrumental in achieving this goal. Future strategic decisions will significantly impact the success of the U.S.'s efforts.

english.elpais.com

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May 5, 22:10

EU Funds Romania's Mining Revival to Reduce China Dependence

The European Union will invest nearly €200 million in Romania to reopen its largest graphite deposit, along with magnesium and copper projects, to reduce Europe's dependence on China for critical minerals vital for technological industries.

EU Funds Romania's Mining Revival to Reduce China Dependence

The European Union will invest nearly €200 million in Romania to reopen its largest graphite deposit, along with magnesium and copper projects, to reduce Europe's dependence on China for critical minerals vital for technological industries.

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Industry, Innovation, and Infrastructure

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How does the EU's plan to secure critical materials from Romania address broader geopolitical concerns and supply chain vulnerabilities?

The EU's investment in Romanian mining reflects a strategic shift towards securing domestic sources of critical materials like graphite, magnesium, and copper, vital for sectors such as automotive, electronics, and defense. This initiative seeks to alleviate Europe's dependence on China and strengthen its supply chain resilience.

jpost.com

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May 2, 01:16

Africa's Economic Growth Amidst Challenges: The Promise of New Partnerships

Africa's economy is projected to grow, but faces challenges like high youth unemployment and poverty; the Lobito Corridor Project, backed by billions in investment, aims to boost regional integration and trade; a potential US-Israel-Africa partnership could drive inclusive development.

Africa's Economic Growth Amidst Challenges: The Promise of New Partnerships

Africa's economy is projected to grow, but faces challenges like high youth unemployment and poverty; the Lobito Corridor Project, backed by billions in investment, aims to boost regional integration and trade; a potential US-Israel-Africa partnership could drive inclusive development.

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No Poverty

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What are the key economic projections for Africa in the coming years, and what significant challenges hinder its progress?

Africa's economy is projected to grow by 3.8% in 2024 and 4.2% in 2025, exceeding the global average. However, challenges persist, including high youth unemployment (8.9% in 2023) and widespread poverty affecting nearly half the population.

bbc.com

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Apr 30, 19:20

US-Ukraine Minerals Deal: Signing Pending After Oval Office Dispute

A proposed US-Ukraine deal, initially suggested by President Zelensky in 2023, involves a joint investment fund for critical Ukrainian minerals and broader economic sectors; its signing is pending, delayed by a February Oval Office dispute, and it may partially compensate the US for military aid to ...

US-Ukraine Minerals Deal: Signing Pending After Oval Office Dispute

A proposed US-Ukraine deal, initially suggested by President Zelensky in 2023, involves a joint investment fund for critical Ukrainian minerals and broader economic sectors; its signing is pending, delayed by a February Oval Office dispute, and it may partially compensate the US for military aid to ...

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How did the initial proposal for a minerals deal evolve, and what factors contributed to the delays in finalizing the agreement?

The deal aims to address US dependence on China for critical minerals essential for renewable energy, military applications, and infrastructure, as China controls 75% of rare earth deposits. While initially focused on rare-earth minerals, the agreement's scope broadened to encompass various Ukrainian economic sectors. The US considers the deal an investment in Ukraine's security, although Ukraine sought more explicit security guarantees.

theguardian.com

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Apr 25, 22:15

Global Energy Security Summit Highlights Deep Divisions on Fossil Fuels vs. Renewables

A two-day energy security conference in London brought together 60 countries, revealing stark divisions between those prioritizing renewable energy and those favoring fossil fuels, particularly regarding the US and China's contrasting approaches.

Global Energy Security Summit Highlights Deep Divisions on Fossil Fuels vs. Renewables

A two-day energy security conference in London brought together 60 countries, revealing stark divisions between those prioritizing renewable energy and those favoring fossil fuels, particularly regarding the US and China's contrasting approaches.

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Climate Action

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What are the primary global implications of the differing approaches to energy security among major world powers?

Ministers from 60 countries met in London to discuss energy security, highlighting the universal need for reliable energy supplies despite geopolitical tensions. The UK Prime Minister emphasized clean energy, while the US championed fossil fuels, creating a key point of divergence. Russia's weaponization of energy in Ukraine underscored the global impact of energy insecurity.

bbc.com

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Apr 25, 10:14

Australia to Invest A$1.2bn in Critical Minerals Reserve Amid China's Export Restrictions

Australia plans to invest A$1.2bn (£580m) in a strategic reserve for critical minerals, including rare earths, to counter China's export restrictions on these elements vital for advanced technologies, a move seen as retaliation to US tariffs.

Australia to Invest A$1.2bn in Critical Minerals Reserve Amid China's Export Restrictions

Australia plans to invest A$1.2bn (£580m) in a strategic reserve for critical minerals, including rare earths, to counter China's export restrictions on these elements vital for advanced technologies, a move seen as retaliation to US tariffs.

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Industry, Innovation, and Infrastructure

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What are the underlying causes of China's export restrictions on rare earth minerals, and what are the broader implications for global technology development?

China's dominance in rare earth refining (90%) creates significant supply chain vulnerability for Western nations heavily reliant on Chinese imports. Australia, a major producer of these minerals, seeks to counter this by investing in domestic reserves and refining capacity, though complete independence from China remains years away. This reflects growing geopolitical tensions and competition for resources crucial to advanced technologies.

Showing 61 to 72 of 146 results