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A mineralogist says he is puzzled by a Chinese company's interest in an Australian company and its rare earth mine project in the Northwest Territories — while a journalist who reports on the industry says he can see both benefits and disadvantages for its new investor.
The mine's owner, Vital Metals, announced over the weekend that Shenghe Resources had purchased a 9.9 per cent stake in Vital and had purchased all of its stockpiled rare earth material.
Anton Chakhmouradian, a professor of geology at the University of Manitoba and an expert on rare earth elements, told CBC News he's not convinced the Nechalacho rare earth project will become an international source of rare earth material.
Shane Lasley, the publisher of Mining News North, said there are challenges with the mine's location and the lack of infrastructure around it, but he disagreed with Chakmouradian about the quality of the deposit. [...]
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Tagging: @politicsofcanada
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Rare Earth Elements Market Poised for a Robust 10.2% CAGR for Between 2022-2026
The global rare earth elements market is set to experience significant growth, with a value of US$3.5 billion in 2020 projected to reach US$7.3 billion by the end of 2026, according to a recent market analysis. The market is expected to exhibit a compound annual growth rate (CAGR) of 10.2% between 2022 and 2026. Rare earth elements, also known as rare earth oxides (REO) or lanthanides, play a crucial role in various industries, including electric vehicles, clean energy technologies, and high-tech applications.
For More Industry Insights Read: https://www.fairfieldmarketresearch.com/report/global-rare-earth-elements-market
The clean energy revolution is one of the major drivers propelling the rare earth elements industry. Clean energy technologies such as electric vehicles and wind power generation are expected to fuel the expansion of the market in the foreseeable future. The demand for neodymium-based magnets, particularly in electric vehicles, is predicted to rise significantly, with global electric vehicle sales estimated to reach 32 million units by 2030.
Furthermore, the growth of wind farms worldwide will continue to drive the demand for light and heavy rare earth elements, including neodymium, praseodymium, and dysprosium, essential components in wind turbine motors. Despite the challenges posed by the COVID-19 pandemic, the offshore wind industry had its second-best year ever in 2020. The cumulative offshore wind power capacity is projected to reach 228 GW by 2030, further increasing the demand for rare earth elements.
The rare earth elements market also benefits from growing applications in efficient lighting, particularly in phosphors for energy-efficient lights. Additionally, investments in recycling technologies and innovation present new opportunities for the market. The reclamation of rare earth elements from end-of-life electronics is a promising avenue, attracting investments from both new entrants and existing companies in the industry.
However, the market faces challenges, including scarcity of rare earth elements and the impact of China's trade policies. The current shortages in the market have prompted research into recovering rare earth from secondary resources such as rare-earth polishing powder waste. Moreover, the precarious trade policies of China, which lead both in production and demand for rare earth elements, exert a significant influence on the industry. Governments and downstream industries are exploring alternatives to establish a robust supply chain outside China.
Geographically, Asia Pacific remains the largest consumer of rare earth elements, accounting for over 80% of the global market. China, Japan, and South Korea have strong downstream integrated capacities, converting rare earth elements into value-added products. However, efforts are underway to break China's monopoly in the market. The Quad nations, including the United States, India, Australia, and Japan, are working to build a supply chain to reduce dependence on China.
Leading companies in the rare earth elements market include China Northern Rare Earth (Group) High-Tech Co. Ltd., China Minmetals Rare Earth Co. Ltd., Jiangxi Copper Corporation Limited, Shenghe Resources Holdings Co. Ltd., Xiamen Tungsten Co., Ltd., Guangdong Rare Earth Industry Group Co., Ltd., Grinm Advanced Materials Co., Ltd., China Rare Earth Holdings Limited, MP Materials, Lynas Rare Earths, Ltd., and IREL Limited.
View Market Insights: https://www.fairfieldmarketresearch.com/
#rare earth elements#rare earth elements market#rare earth elements market size#rare earth elements market share#rare earth elements market trends#rare earth elements market demand#rare earth elements market growth#rare earth elements market value#rare earth elements market report#rare earth elements market research#rare earth elements (REE)#rare earth mining#rare-earth metals#fairfield market research
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Polyethylene Terephthalate-Glycol (PETG) Market Key Players, End User, Demand and Consumption by 2033
According to Future Market Insights (FMI), the global market for polyethylene terephthalate glycol (PETG) is forecast to accelerate at 3.3% CAGR between 2023 and 2033. Total market size is likely to increase from US$ 2,747.8 million in 2023 to US$ 3,818.9 million by 2033.
Growing demand for polyethylene terephthalate glycol from food packaging and medical industries is a key factor proving impetus to the global market. Polyethylene terephthalate glycol (PETG) finds its application across diverse industries. Mainstream consumers of PETG utilize it for packaging purposes owing to its various advantages.
Food packaging, medical packaging, and cosmetic bottles are few of the most grossing application areas, which are predominantly consuming PETG across the world. 3D printing, automotive films, building and construction, and few other industries are also investing in product offerings to relish various advantages of PETG-based products.
Polyethylene terephthalate glycol possesses high impact resistance and good thermal stability that make it ideal for applications such as 3D printing. Its safe nature also makes it suitable for making food packaging such as containers and bottles.
Polyethylene terephthalate glycol is also being used as a substance for medical implants and medical packaging. Hence, widening applications across various industries will elevate PETG demand over the projection period.
Despite such a wide array of applications and driving factors, sales prospects of PETG are witnessing sluggish growth. Implementation of carious stringent regulations over the use and disposal of PETG is hampering its growth rate. Awareness towards environment protection and plastic waste is likely to impede the growth of the market.
“Widening application of PETG in medical and food industries will boost polyethylene terephthalate glycol (PETG) market over the forecast period,” said an analyst at FMI.
Get a Sample Copy of the Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-5656
Who is Winning?
Clariant Ltd., Eastman Chemicals Company, Shandong Shenghe Plastic Ltd, SM Kunststofftechnologie GmbH, Integrated Packaging Films Inc., and Industrial Plastics Belgium (IPB nv) are few of the leading manufacturers of polyethylene terephthalate glycol (PETG) profiled in the full version of the report.
Key Segments Covered in Polyethylene Terephthalate Glycol (PETG) Industry Research
By Grade:
Extruded Grade
Injection Molding Grade
Blow Molding Grade
By Application:
Prototypes
Containers/Packaging
Tools, Jigs, Fixtures
Equipment & Machinery
Others
By End-use Industry:
Food and Beverage
Cosmetics
Medical
Others
More Insights into the Polyethylene Terephthalate Glycol (PETG) Market Report
In its latest report, Future Market Insights offers an unbiased analysis of the global Polyethylene Terephthalate Glycol (PETG) market, providing historical data from 2018 to 2022 and forecast statistics for the period 2023 to 2033. To understand the global market potential, growth, and scope, the market is segmented based on grade, application, end-use industry, and Region.
Browse latest Market Reports@ https://www.futuremarketinsights.com/category/chemicals-and-materials
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President Joe Biden announced at the event that the Pentagon would award $35 million to the Las Vegas-based MP Materials in an effort to boost U.S. rare mineral production. But MP Materials has arguably allowed China to tighten its grip on the world’s rare earth minerals supply chain. Shenghe Resources Holding, which is partially owned by the Chinese government, owns 8 percent of the company. Shenge spearheaded the deal in 2017 to help MP Materials purchase a mine at Mountain Pass, Calif., out of bankruptcy. The Chinese company is also MP Materials’s largest customer, accounting for nearly all of its $100 million annual revenue.
MP Materials’s links to China have long concerned American officials. The Department of Energy warned its scientists in 2020 not to collaborate with MP Materials executives because of China’s links to the company, Reuters reported.
#Washington Free Beacon#made in America#China#Biden administration#mining#domestic energy#supply chains#Pentagon#MP Materials#rare earth minierals#Shenghe Resources Holding#Chuck Ross
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Unknown artist Fort Shenghe Fort on Pearl River (Shegn He Fort) c. 1830 Oil on canvas, 43X52 cm.
China Trade Paintings Digital Images Archive
http://www.artexplore.org/the-china-trade-paintings-digital-images-archive.html
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Greenland gov't allowed to review uranium project agreement; confirms Shenghe "intent" to buy controlling stake
Greenland's department of natural resources has had a third-party legal firm go over the contract giving Shenghe 盛和 a stake in the Kuannersuit (Kvanefjeld) uranium and rare-earth project in the island's south. The review was meant to establish whether the agreement gave a Shenghe a right to increase its stake to a controlling one, a possibility I first mentioned almost eight months ago. According to a Greenland government press release, the review has concluded that "the contract does not give [Shenghe subsidiary] Leshan [乐山] Shenghe the right to overtake a controlling share" of GME, the Australian firm that owns the licence. Although the press release doesn't mention it, the department's head also confirmed to Sermitsiaq that the agreement includes "non-bindings statements of intent" regarding Shenghe eventually increasing that stake. This is consistent with those earlier reports, according to which Shenghe would like to have up to a 60% stake in the project if things go well once it enters production.
This '60% saga' began when I noticed that a Shanghai stock exchange press release by Shenghe said the agreement, that involved the sale of one eighth of GME, contemplated eventually increasing the stake to 60% once the project enters the production phase. (I gave the exact phrasing in Chinese, with translation, in a later post.) The news subsequently spread to Danish and Greenlandic media, generating a little brouhaha in which GME denied, then admitted the reports, and Greenlandic officials promised to "investigate" the matter, since an eventual takeover of the project would need their approval. Such an investigation was complicated by GME's refusal to show the Greenlanders the contract, plainly stating that they didn't trust "the government's ability to maintain and protect the confidentiality of documents which, under Australian law, must remain private and confidential between GME and Shenghe" (my back-translation). The government then reportedly said they wouldn't let the project go ahead if they didn't know the content of the agreement.
This raises the question of why anyone felt a need to have a third party review the agreement. It has already been reviewed by Australia's Foreign Investment Review Board, which approved it in November. Shenghe is, in practice, controlled by the Chinese ministry of land and resources, which has circulated information praising the Greenland operation as partially "implementing a vision on mining cooperation" reached by Jiang Daming 姜大明 and Greenland officials in 2015; this makes it clear that relevant Chinese state organs are well acquainted with the details of the agreement. As a non-expert in Greenlandic law, I found the fact that the Greenlandic government could be left out of this knowledge rather counter-intuitive. The purchase would have been blocked if GME had refused to 'trust' the ability of Chinese and Australian authorities not to leak the document.
I reached out to Jørgen Hammeken-Holm, the deputy minister (departementschef) enquiries are directed to in the government's press release, to confirm that his department was given access to the agreement, as opposed to it being shown by GME to the (unnamed) thrid-party legal firm. If he replies, I will update this post accordingly in the space below:
[UPDATE: Hammeken-Holm replied, confirming that a member of the legal staff at Greenland's department of natural resources was given access to and read the agreement.]
The entire 60%-saga is little more than a PR hiccup. As I've noted before, most people involved (GME management and shareholders, Chinese and Greenlandic officials) would likely see the eventual controlling stake as good news. The only explanation I can muster for the early refusal to disclose the news to the non-Chinese public is a fear talk of a 'Chinese takeover' would generate negative comments from the Danish and global geopolitical commentariat. (Such comments did indeed arise.)
Unlike other mining projects, the Kvanefjeld uranium mine is highly divisive in Greenland. Chinese involvement isn't generally unwelcome, but environmental issues are a concern for many. These divisions are visible at the highest level of Greenlandic politics: the very minister for natural resources, Múte Bourup Egede, is openly "against uranium mining". For a recent survey of views on Kvanefjeld among (a small sample of) local community members, see this 'briefing note' by Rachael Lorna Johnstone and Anne Merrild Hansen.
I reviewed the current state of Chinese involvement in Greenland in a post for CPI Analysis a few months ago.
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Global Zircon Sponge Industry Supply and Demand Analysis and Development Prospect Research Report by 2021-2026
GLOBAL INFO RESEARCH has made a brilliant attempt to elaborately and meticulously analyze the global Zircon Sponge market in its latest report. All of the market forecasts presented in the report are authentic and reliable.
The Zircon Sponge market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.
According to our latest research, the global Zircon Sponge size is estimated to be xx million in 2021 from USD xx million in 2020, with a change of XX% between 2020 and 2021. The global Zircon Sponge market size is expected to grow at a CAGR of xx% for the next five years.
Global Zircon Sponge Market: Market segmentation
Zircon Sponge market is split by Type and by Application. For the period 2016-2026, the growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
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Global Zircon Sponge Market: Regional Segmentation
To understand the changing political scenario, analysts have regionally segmented the market. This gives an overview of the political and socio-economic status of the regions that is expected to impact the market dynamic.
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
Top Players of Global Zircon Sponge Market are Studied:
Iluka
PYX Resources
UMCC
Base Resources
Image Resources
VV Mineral
Rio Tinto
Tronox
TiZir Limited (Eramet)
Kenmare Resources
Chemours
Doral/Iwatani Australia Pty Ltd
Shenghe Resources
Hainan Haituo Minerals
Guangdong Orient Zirconic
Market Segment by Type,can be divided into:
Purity: 95%
Purity: 99%
Other
Market Segment by Applications, covers:
Aerospace Industry
Constant & Ultra-high Vacuum Environments
Medical Industry
Nuclear Industry
Other
The content of the study subjects, includes a total of 14 chapters:
Chapter 1, to describe Zircon Sponge product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Zircon Sponge, with price, sales, revenue and global market share of Zircon Sponge from 2019 to 2021.
Chapter 3, the Zircon Sponge competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Zircon Sponge breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2016 to 2026.
Chapter 5 and 6, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2016 to 2026.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2016 to 2021.and Zircon Sponge market forecast, by regions, type and application, with sales and revenue, from 2021 to 2026.
Chapter 12, 13 and 14, to describe Zircon Sponge sales channel, distributors, customers, research findings and conclusion, appendix and data source.
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"Meloxicam Market Economic Trends, Industry Development, Challenges, Forecast and Strategies To 2028: Boehringer Ingelheim,Orbis Biosciences,Recro Pharma,Baudax,Axsome Therapeutics,Perrigo,Ligand Pharma,Zyla Life Sciences,Iroko Pharma,Cellix Bio,Eurofarma Laboratorio,Yung Shin Pharmaceutical,SEDOR Pharma,Zydus Pharmaceuticals,TerSera Therapeutics,Sanofi,Heron Therapeutics,Breckenridge Pharmaceutical,Apotex,Pacira BioSciences,PuraCap Pharmaceutical,Unichem Pharmaceuticals,Teva,Glenmark Pharmaceuticals,Lupin Pharmaceuticals,Dr. Reddy's Laboratories,Aurobindo Pharma,Strides Pharma,TARO,Cipla,Shanghai Zhaohui Pharmaceutical,Jiangsu Yabang Epson Pharmaceutical,Kunshan Longdeng Ruidi Pharmaceutical,Sichuan Shenghe Pharmaceutical,Ningxia Kangya Pharmaceutical,Jiangsu Feima Pharmaceutical Co. , Ltd,Shanghai Bolinger Ingelheim Pharmaceutical,Zhejiang Xianju Pharmaceutical,Yangtze Pharmaceutical Group,Hainan All Star Pharmaceutical,Suzhou Sinochem Pharmaceutical,Hunan Mingrui Pharmaceutical,Hainan Selike Pharmaceutical,Guangdong Renkang Pharmaceutical,Sichuan Luye Pharmaceutical,Shandong Xinhua Pharmaceutical,Hainan Aomeihua Pharmaceutical,Qilu Pharmaceutical "
Global Meloxicam Market, Geography (North America (United States, Canada and Mexico), South America (China, Japan, Korea, India and Southeast Asia), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), Middle East and Africa (Saudi Arabia, Egypt, Nigeria and South Africa)) Industry Trends 2021-2028
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<strong>Top Listed Companies in the Meloxicam Market Include</strong>
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A little break for the shengh puerh - #teacember #puerh #shenghpuer #tea (at Kharkov, Ukraine) https://www.instagram.com/p/CJYKcCChwoP/?igshid=16sm2p904iv9l
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Rare Earth Metals Market Report by Regions, Type , Forecast to 2028 With Players : Beifang Rare Earth & Shenghe Resources
The global Rare Earth Metals market was valued at $XX million in 2018, and analysts predict the global market size will reach $XX million by the end of 2028, growing at a CAGR of XX% between 2018 and 2028.
This report provides detailed historical analysis of global market for Rare Earth Metals from 2013-2018, and provides extensive market forecasts from 2019-2028 by region/country and subsectors. It covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the Rare Earth Metals market.
Get Exclusive Free Sample Copy Of This Report @ https://www.radiantinsights.com/research/2013-2028-report-on-global-rare-earth-metals-market/request-sample
Leading players of Rare Earth Metals including:
· Beifang Rare Earth
· Integral Materials Investment Vietnam
· Chenguang Rare Earths New Material
· Sunlux Rare Metal
· Grirem Advanced Materials
· Baotou Xinye New Materials
· Ganzhou Rare Earth Metals
· Jiangtong Rare Earth
· Xiamen Tungsten
· Shenghe Resources
· Yiyang Hongyuan Rare Earth
Market split by Type, can be divided into:
· Single Rare Earth Metal
· Mixed Rare Earth Metal
Market split by Application, can be divided into:
· Metallurgy
· Rare Earth Permanent Magnet Material
· Hydrogen Storage Material
· Others
Market split by Sales Channel, can be divided into:
· Direct Channel
· Distribution Channel
Market segment by Region/Country including:
· North America (United States, Canada and Mexico)
· Europe (Germany, UK, France, Italy, Russia and Spain etc.)
· Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
· South America Brazil, Argentina, Colombia and Chile etc.)
· Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)
Complete Report Available @ https://www.radiantinsights.com/research/2013-2028-report-on-global-rare-earth-metals-market
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Blogs from the www.rareearthsinvestor.com on a variety of topics related to the Rare Earths sector, including issues, companies and investor due diligence.
7/7/2020
Summary
· 2020 – 21 will likely be pivotal years for the global Rare Earths (RE) sector.
· The United States (US) has made some new RE value chain moves but these now appear to be on the back burner.
· Regardless of 2020 US election results, both the RE issue and business tax incentives will be seen as symbols for leftist dogma to stand against.
· US RE value chain emergence will likely positively impact the Rest of the World (ROW) RE sector.
Observation
For me, 2019 – 2020 has been the most interesting period for the RE sector since the hype of 2010. However, observation of the news and opinion on both the Rare Earths Investor website and Forum (www.rareearthsinvestor.com) has led me to the opinion that the RE sector is now at a tipping point. Global moves over the next 1 – 2 years may well determine to a major extent the degree of growth that the ROW RE sector will experience during the coming decade. Further, investors will have a much clearer picture as to the very few RE companies who are likely to provide RE feedstock and/or processing to the ROW in the 2020s.
2010 - 2019
It is widely held in the news narrative that the globally dominant Chinese RE industry is a potent economic and political weapon for state utilization; a cudgel they may yet wield in the ongoing US trade dispute. However, the RE industry also represents for China, a sector that has caused major within border issues due to the environmental damage created and the cleanup, which will cost (if undertaken), probably in the billions.
China is not the only country to have suffered serious RE environmental damage. Likewise, Malaysia suffered a RE pollution disaster caused by a Japanese company Mitsubishi Chemical back in the 1980s. In fact, this memory led to the ongoing political and environmental battle that the Lynas Malaysian RE processing facility experienced over the last decade. Further, the former US Molycorp also had to contend with its own environmental issues. So, historically, the RE sector has also had to face pollution issues, which only added to the past decade woes for the sector.
In fact, investors have basically spent the past decade watching a stagnant Rest of the World RE sector. There was a moment of hype in 2010 when China (using its RE sector dominance) restricted RE related export to the Japanese. This action spiked both RE prices and related company stock prices for a short period. However, as the decade progressed, we saw the Molycorp bankruptcy. The only functioning US RE company was destroyed by both Chinese price manipulation and poor decision making. We watched Lynas struggle to go much beyond being perceived as a predominantly Japanese strategic asset, rather than a capitalist venture. Further, Australian Northern Minerals struggled to gain much more than Chinese investment interest with their heavy RE pilot project sending all feedstock to China for processing. Likewise, MP Materials (the ‘new’ Molycorp) in the US needed to access both Chinese investment and product processing. Even Rainbow RE in Botswana struggled to break even just digging out raw material. Therefore, overall, there has been little to engender even minimal interest from either company stock investors or private financiers in the ROW RE sector, during the past decade. Simply, most ROW RE sector advancement (excluding Lynas) has relied very much on Chinese investment and/or processing.
2020
Now switch to 2020. The news narrative has continued the claims that the green revolution will demand much more critical metal supply, processing and related component production. However, recent global pandemic events have now heightened the calls for the US (and allies) to initiate their own critical metals value chains; specifically, to break the dominance of China in these areas. Such new supply is seen as being vital to the US and ROW militaries in terms of creating more self-reliance, rather than relying on Chinese RE related component supply for weaponry, etc.
The answer to strategic RE related self-reliance clearly hinges on governments providing both guidance and financial support. In other words, a macro rather than piecemeal effort to diversify RE supply and production away from China. The bottom line of course is that the US is expected to lead any such new RE chain diversification move. Unfortunately, without US backing in all probability there will be little action taken by other countries. The lack of economic clout, trade reliance on and the necessary political will to take on an agitated China, all represent strong barriers to upending the RE sector status quo (again, without direct US action).
Present news suggests that the US is now showing some interest in creating a RE related chain. Recent US Department of Defense (DoD) requests for responses from companies with an interest in RE mining, processing and magnet making, have already closed. In fact, both Lynas and MP Materials were selected for funding to enable them to generate proposals for RE processing in the US. This all sounds good!
US Politics and RE Development
Regrettably, not all appears well with this new US RE initiative. The funding of Lynas and MP Mats’ has now been put on hold. It is not clear exactly why this funding was held up. Was it because the two companies selected both had a connection with China? MP Materials has a small investment from the Chinese Shenghe Res’ company and sends its product to China. Likewise, Lynas’ heavy concentrate is also directed to China for processing. Or, is the answer that the initial US focus on processing was really on heavy RE for which MP has no real feedstock, and Lynas’ supply lies outside US borders?
For the Lynas CEO, the reason for the holdup was quite clear. Unfortunately, her answer is ominous for the eventual success of any strategic drive to diversify RE related product supply. The CEO indicated that the hold for her was a case of internal US politics at play. Specifically, the inference suggested that some US RE companies may presently be trying to influence politicians to lobby on their behalf for selection into the potential new RE value chain.
We have had legislative moves and public statements recently from a variety of US Senators including, Rubio, Cruz, Murkowski, Manchin, Enzi and Barrasso. US politicians often create legislation to answer perceived pressing questions. But it would be naïve to think they aren’t also on the lookout to fund their own instate projects and companies; often with the expectation of later political campaign support. Consequently, the potential politics now involved in RE sector US decision making cannot be ignored by investors.
Remember, there are presently around 5 dozen non-Chinese RE based companies globally. A number have been in existence for around two decades. Yet, the vast majority have done little in terms of achieving any actionable results, beyond exploration and some small funding. Global RE needs are small in comparison to other commodity requirements and few RE companies will be needed to provide future feedstock and/or processing. Consequently, those few who are selected for any new US RE related value chain will achieve prime mover status (as Lynas has in the ROW). This means such companies may have the opportunity for further growth in feedstock and processing, should commercial needs also develop after military requirements have been satisfied.
Unfortunately, for those who remain ‘outside’ any new chain only a handful (if that) may see Chinese raw material demand. As with so many things the electric vehicle (EV) market (which has been hyped as the savior of the ROW RE sector) is dominated by Chinese value chain production and sales. To think that a number of ROW RE companies will somehow eventually become prominent in this predicted China EV growth is, I believe, just wishful thinking. For most niche ROW RE companies it’s going to be Zombieland or worse!
Therefore, US RE companies are understandably looking at any potential US strategic value chain as their lifeline to production. Note, company RE press releases in 2019 - 20 often emphasize how the company has this perfect resource or technology, to meet US strategic needs. Selling such claims to US politicians is likely the only remaining lifeline for these RE companies. Likewise, politicians also have a survival instinct (both individual and for the party); especially in an election year, where they will court varied support for their reelection campaigns from those they have helped. This would include RE companies who had lobbied a politician successfully for funding towards a within state ‘shiny’ new project. Notice with no public RE companies having emerged yet within the US RE sector, the field is basically wide open.
Several private and public US RE company resources and/or potential processes are already housed in various states; e.g., California (MP Mats’), Texas (USARE, Texas Minerals Res’, and Blue Line) Alaska (Ucore), West Virginia (WV Uni’) and Wyoming (Rare Element Res’ and National Energy Tech’ Lab). Several others with US projects may also be under consideration including Medallion Res’ and Rare Earth Salts, etc. There are also a number of Canadian RE companies (e.g., Avalon, Commerce, Appia, Search Minerals and Defense Metals, etc) who want to ‘enter’ such a new US value chain. However, would US politicians look to support any companies who do not possess the potential to provide shiny new projects, built within a politician’s own state? This question may be a major challenge for Canadian RE companies (never mind Australian, etc).
In fact, RE investors need to recognize that those who may be selected for inclusion in any new US RE value chain, don’t necessarily have to have the best available resource or experience. More likely they will need to have all the elements of their RE project within US borders and support from a high-profile politician(s) preferably sitting on powerful US Congressional committees.
US Barriers to RE Value Chain Development
Extra impetus for US RE value chain growth might also be gained if the US via new tax incentives, etc., can attract future home investment by some mid and end line manufacturers, who need RE related products. Again, failure to see US chain development will in all probability negatively impact any non-China RE sector growth, which should be a real concern today for all RE company investors.
Presently, we have several pieces of positive legislation in Congress designed to help initiate a US RE value chain, including the US Onshore RE Act and the American Critical Metals and Innovation Act. Included are aims to reduce the ‘traditional’ US permitting time from at least 7 years to as few as 2, for critical minerals projects. Also made available are tax incentives for companies to purchase RE supply or build out mine and processing facilities, within the US. However, there are two potentially very serious barriers to the actualization of these pieces of legislation. Both have received virtually no mention in the present RE sector news narrative.
The first we have already mentioned. Politicians want money flowing to their own states and to local company projects. Desire to see these personal political objectives achieved may see legislation and/or funding already allocated purposely slowed down (or stopped e.g. Lynas and MP Mats’?), in an effort to redirect the outcome. Further, we have a US election in November 2020 set within a tumultuous environment. Republicans and Democrats are at loggerheads and nobody wants to give the other side a victory on anything. Politicians are looking at their own positions in relation to e.g., a new COVID 19 stimulus phase, race relations, police reform and a possible infrastructure bill, etc. Therefore, concern with new US RE chain initiation will now come well down politicians’ focus lists. Potentially, outside some small DoD related funding being unlocked and/or redirected, nothing else may occur with US RE, until 2021.
The second and most serious barrier involves the 2020 election. Again, Republican and Democrat politicians presently have a very toxic relationship. Both Trump and Biden talk about ‘cross floor’ cooperation, but it seems for many this is highly unlikely. The 2020 US election results will probably only amplify these intransigent attitudes.
Regardless of the Democrats winning or losing the Presidency, is it really feasible that the extreme left-wing will look positively on anything perceived as anti-green (see*), or favorable to big business? Nor is it likely that strategic military needs will raise concern for the Democrat party; particularly, based on their last administrations’ actions in this area and their more globalist viewpoints.
In fact, do we think that e.g., Warren, Sanders and Alexandria OC, etc., would support legislation allowing the reduction of critical metal mining or processing permitting time, never mind granting new permits? Or, that they would look fondly on anything that would give tax breaks to miners and processors; even more so that would see big business given tax breaks to bring manufacturing back onshore? Note that excluding Machin, it is predominantly Republican Senators presently calling for RE sector movement and business tax incentives.
In reality, it is difficult to see any further US RE related legislation getting the required support to move through Congress, without at least major delays occurring (even with a Republican win). Add to this political opposition the environmentalist challenges that would also arrive. Old Molycorp and Lynas pollution issues would surely remerge in legal challenges. Already, we have seen challenges to Energy Fuels RE processing intentions in Colorado and recently Duke Energy’s Dakota pipeline was shut down, due mainly to activism. In fact, with Democrat party election ascendency US RE sector moves may be delayed for years, or more likely will be dead!
Conclusion
I started this Blog by suggesting 2020 – 21 will be pivotal years for the global RE sector. Unfortunately, the sector has been mired in mediocrity for the last decade both in terms of project advancement and investor success (even acknowledging the 2010 hype and maybe some nimble investor trading).
In 2020 the US administration has made some new RE value chain moves with requests for information from interested entities and some small DoD RE company funding (on hold). However, the recent global turmoil caused by COVID 19, the economic collapse and social upheaval have meant US RE interest is now probably on the back burner.
Individual politicians in the US have in all likelihood brought the most recent small RE advancements to a halt. Events suggest that RE is now well down the list of US political priorities; especially for politicians looking to ‘go public’ on topics that may directly impact their reelection.
The fear now is that regardless of the 2020 US election result the RE issue and associated tax incentives will be seen as symbols for leftist dogma to make a very public stand against. Therefore, at best, serious delay to US RE related developments may be the most favorable outcome for this sector. In contrast, mediocre (or worse) ROW company advancement with an associated stagnant or total loss of investor money is another real possibility.
Any outcome that emerges for the RE value chain in the US will likely have a profound impact on the ROW RE sector and company development. It’s possible that China may not have to do anything to see its decades-old dominance in the RE sector continue or grow. However, even if the RE sector is successful in terms of US value chain emergence, it is probable that the large majority of the present 5 dozen or so RE companies will fail. Consequently, investors should be very cognizant of the factors outlined which will impact all RE companies as investments.
(*Note that the question of RE related recycling and its place in this complex political and environmental picture is a very important one, but for another discussion).
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Global Zircon Opacifier Market Analysis by 2021-2026
GLOBAL INFO RESEARCH has made a brilliant attempt to elaborately and meticulously analyze the global Zircon Opacifier market in its latest report. All of the market forecasts presented in the report are authentic and reliable.
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According to our latest research, the global Zircon Opacifier size is estimated to be xx million in 2021 from USD xx million in 2020, with a change of XX% between 2020 and 2021. The global Zircon Opacifier market size is expected to grow at a CAGR of xx% for the next five years.
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Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
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TiZir Limited (Eramet)
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Shenghe Resources
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We are a modern partner to ambitious brands: Pooja Jauhari, CEO, The Glitch - Exchange4Media - #a #Jauhari, #brands: #aePiot
We are a modern partner to ambitious brands: Pooja Jauhari, CEO, The Glitch - Exchange4Media
We are a modern partner to ambitious brands: Pooja Jauhari, CEO, The Glitch - Exchange4Media
The date of publishing: Fri, 03 Aug 2018 07:00:00 GMT
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WPSU's Speaking Grief created with $585000 grant from New York Life Foundation - Penn State News
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Global Kattle Market Insights 2019-2025 | T-fal, Circulon, KitchenAid, Royal, Medelco - Galus Australis
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Neiman Marcus Group LTD LLC Reports Third Quarter Results - Business Wire
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Keith Wood and Lawrence Dallaglio predict Rugby World Cup 2015 champions - Express.co.uk
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Russia-occupation fighters ignore ceasefire in Donbas – Commander of JFO - Interfax Ukraine
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Global Monazite Market Insights 2019-2025 | Hongyuan Rare Earth, Xiangjiang River Rare Earth, Shenghe Resources, VV Mineral, Medallion Resources - Galus Australis
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Media protocols for reporting on women and children - The Hans India
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Global, regional, and national burden of traumatic brain injury and spinal cord injury, 1990–2016: a systematic analysis for the Global Burden of Disease Study 2016 - The Lancet
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In the Pocket: Swiatocha family have fun on lanes - The Daily Gazette
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Today Horoscope, Daily Astrology, Zodiac Sign for Wednesday, April 8, 2020 - India TV News
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A look at one of the most in-demand neighbourhoods in Mississauga - insauga.com
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Bollywood star gets Victorian uni honour - St George and Sutherland Shire Leader
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Journals on Medical drug and theraputics- BJSTR Journal
Improvement the Lodging Resistance of Banana (Musa AAA) by Chang Shenghe* in Biomedical Journal of Scientific & Technical Research https://biomedres.us/fulltexts/BJSTR.MS.ID.001631.php
Banana is an important crop and fruit in many developing countries. China is one of the main banana-producing countries. China's banana production was always heavily affected by typhoon. The physical strength of banana pseudostem was mainly determined by the content of lignin. 4-coumarate: CoA ligase (4CL) is a rate-limiting enzyme for lignin synthesis. There were 25 4CL genes in banana A genome. Mu4CL15 was the main gene for encoding 4CL in banana pseudostem. The substrate that Mu4CL15 preferred can be ordered as the followed: 4-coumaric acid, caffeic acid, ferulic acid and sinapic acid from the most to the least. After Mu4CL15 was transformed into tobacco, the lignin content in the stem of the transgenic plant was significantly higher than that of the wild type. The stem strength of the transformed seedlings was higher than that of the wild type. After banana embryogenic suspension cells were transformed with Mu4CL15, the lignin content in pseudostem of the transformed plant was significantly higher than the control. he physical strength of the transformed-plant pseudostem was also distinctly higher than the control. Enhancing banana plant's lodging resistance by transforming 4-coumarate: CoA ligase gene is feasible.
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Greenland’s Right To Self-Determination As Trump Seeks To Purchase The Island From Denmark
By Ava Roche, Fordham University Class of 2021
September 19, 2019
In August, President Trump expressed an interest in purchasing Greenland from the Kingdom of Denmark. Prime Minister Mette Frederiksen of Denmark responded to Trump’s proposal by saying that such a purchase would be “an absurd discussion” and that “[she] persistently [hopes] that this is not something that is seriously meant”[1] However, while both Frederiksen and others believed that Trump’s comments were made in jest, his reaction to Frederiksen’s remarks showed otherwise. Trump was scheduled to visit Denmark from September 2-3, but he canceled the trip in a tweet on August 20th: “Based on Prime Minister Mette Frederiksen’s comments, that she will have no interest in discussing the purchase of Greenland, I will be postponing our meeting scheduled in two weeks to another time.”[2]
The seriousness of Trump’s request is likely due to the growing potential for accessibility to resources as climate change continues to cause the ice sheet currently covering 80% of the island to decrease in size.[3]China is already present in Greenland with Shenghe Resources Holdings being the largest shareholder of the Australian company Greenland Minerals, which is currently developing a rare earth project that is estimated to output neodymium, praseodymium, dysprosium, and terbium.[4] According to Forbes, “as Greenland Minerals has been trying to find a way to develop its project it also conducted two important meetings that could have been a trigger for the reports that President Trump has suggested buying the island from Denmark.”[5]
In addition to resources, America has interest in the island due to its strategic location for both military and intelligence operations, being in the Arctic region and near Russia.[6] In 1941 during World War II, the United States defended Greenland as occupied Denmark was unable to do so. Following the war, the United States offered to purchase Greenland from Denmark for $100 million, but Denmark refused.[7] Despite this, it did allow the United States to create Thule Air Base in 1951, which is the United States Air Force’s northernmost base.[8]
Although Denmark formerly controlled Greenland’s foreign affairs, the 1979 Home Rule Act and the 2009 Act on Self-Government both granted Greenland greater autonomy with the latter stating that “the people of Greenland is a people pursuant to international law with the right of self-determination.”[9]Self-determination, or “the legal right of people to decide their own destiny in the international order,” is referenced in many international treaties, including Article 1(2) of the United Nations Charter, and it provided legal justification for decolonization in the 1960s.[10]Chapter 4 of the Act on Self-Government also establishes that “the [Danish] Government and the Naalakkersuisut [the Greenlandic Self-Government] shall cooperate in international affairs as laid down in this Chapter with a view of safeguarding the interests of Greenland as well as the general interests of the Kingdom of Denmark.”[11] Therefore, unlike in the past when Denmark exclusively made decisions on Greenland’s behalf, Greenland currently maintains autonomy and a right to participate in decisions that decide the island’s fate. Furthermore, Chapter 8 of the document states that if majority of the people of Greenland favor independence, then “negotiations shall commence between the Government and Naalakkersuisutwith a view to the introduction of independence for Greenland,” thus suggesting that future transactions such as the one Trump is proposing may not need to involve Denmark.[12]
Currently, if Trump wishes to seriously discuss the United States purchase of Greenland, he need not only consult Denmark, but also Greenland’s Naalakkersuisut. However, Greenland’s Ministry of Foreign Affairs has already responded to possibility of purchase by the United States by tweeting in mid-August: “#Greenland is rich in valuable resources such as minerals, the purest water and ice, fish stocks, seafood, renewable energy and is a new frontier for adventure tourism. We’re open for business, not for sale.”[13]Greenland’s official tourism website furthers this sentiment stating that “both the Danish and the Greenlandic governments have rejected that this could be considered.”[14] Therefore, should Trump choose to pursue gaining American influence over Greenland, he likely will need to negotiate treaties with both Denmark and Greenland, rather than attempt to purchase the island.[15]
Heather A. Conley, senior vice president for Europe, Eurasia and the Arctic at the Center for Strategic & International Studies, warns of the dangers of exploitation of the Arctic region: “there is a cost to the exploration, a cost to the environment and the people who live in the Arctic and Greenland.”[16]
Greenland’s right to self-determination and possibility for independence serve to protect its own interests as the island gains international attention for its strategic location and potential wealth of resources.
________________________________________________________________
[1]Olsen, Jan M. “Danish PM: Trump's Idea of Buying Greenland Is 'Absurd'.” AP NEWS, Associated Press, 19 Aug. 2019, www.apnews.com/37da8cbadb39488d87154ce820da43c2.
[2] Trump, Donald (realdonaldtrump). “Denmark is a very special country with incredible people, but based on Prime Minister Mette Frederiken’s comments, that she would have no interest in discussing the purchase of Greenland, I will be postposing our meeting scheduled in two weeks for another time…” 20 August 2019, 7:51 PM. Tweet. Retrieved from: https://twitter.com/realDonaldTrump/status/1163961882945970176
[3]Oslen
[4]Treadgold, Tim. “Trump Might Want to Buy Greenland But His Nemesis, China, Is There Before Him.” Forbes, Forbes Magazine, 19 Aug. 2019, www.forbes.com/sites/timtreadgold/2019/08/19/trump-might-want-to-buy-greenland-but-his-nemesis-china-is-there-before-him/#2f3825ef3f3c.
[5] Ibid.
[6]Anderson, Scott R. “Why Trump Can't Buy Greenland.” Lawfare, Lawfare, 21 Aug. 2019, www.lawfareblog.com/why-trump-cant-buy-greenland.
[7]“American Interest in Greenland - a Historic Perspective.” Visit Greenland, visitgreenland.com/american-interest-in-greenland/#next.
[8]Ibid.
[9]Act on Greenland Self-Government, Amalienborg, 12 June 2009, Queen Margrethe, Act no. 473, page 1, retrieved from: https://naalakkersuisut.gl/~/media/Nanoq/Files/Attached%20Files/Engelske-tekster/Act%20on%20Greenland.pdf
[10] “Self-determination (international law).” Law.Cornell.edu. Cornell Law School
[11]Act on Greenland Self-Government, page 3
[12]Act on Greenland Self-Government, page 5
[13] Greenland Ministry of Foreign Affairs (greenlandmfa). “#Greenland is rich in valuable resources such as minerals, the purest water and ice, fish stocks, seafood, renewable energy and is a new frontier for adventure tourism. We’re open for business, not for sale. Learn more about Greenland on: visitgreenland.com.” 16 August 2019, 7:49 AM. Tweet. Retrieved from: https://twitter.com/GreenlandMFA/status/1162330521155887105
[14]“American Interest in Greenland - a Historic Perspective.”
[15] Anderson
[16]McDonald, Jordan. “Here's Why Trump Wants to Buy Greenland.” CNBC, CNBC, 22 Aug. 2019, www.cnbc.com/2019/08/21/heres-why-trump-wants-to-buy-greenland.html.
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