Rocky Mountain Voice

Tag: Rare Earth Minerals

Walcher: Breaking China’s grip on rare earth minerals begins with real mining at home
GregWalcher.com, Approved, Commentary, National

Walcher: Breaking China’s grip on rare earth minerals begins with real mining at home

By Greg Walcher | Commentary, GregWalcher.com Energy Secretary Chris Wright went to Wyoming last week to cut the ribbon on the first new rare earth mine in the U.S. since the 1950s. Telling the assembled guests and reporters that the “Brook Mine” is critical to breaking China’s “stranglehold on rare earth processing,” he hinted that it might be the first of several. It should be. A few years ago, I visited Arizona Congressman Paul Gosar and when discussing the need for domestic production of vital minerals, he picked up a dark brown rock from the Mojave Desert, explaining that it was mostly composed of a “rare earth” element. He said millions of such rocks littered the desert in his district, yet the United States imported 100 percent of the mineral it contains. That situation has no...
U.S. gets rare earths, China gets 55% tariffs under Trump trade pact
Approved, National, THE HILL

U.S. gets rare earths, China gets 55% tariffs under Trump trade pact

By Brett Samuels | The Hill President Trump said Wednesday his administration reached a tentative agreement on a trade truce with China following talks between the two sides in London. As part of the agreement, which Trump said was pending his approval and the approval of Chinese President Xi Jinping, China will supply “full magnets, and any necessary rare earths,” Trump said on Truth Social. Trump indicated the U.S. would impose 55 percent tariffs on Chinese goods, while China would impose a 10 percent tariff on U.S. products. “Likewise, we will provide to China what was agreed to, including Chinese students using our colleges and universities (which has always been good with me!),” Trump posted, describing the relationship between the two sides a...
After Xi–Trump call, China pushes ‘consensus’ language in trade talks
Approved, denvergazette.com, National

After Xi–Trump call, China pushes ‘consensus’ language in trade talks

By Yukun Zhang and Liz Lee | Reuters via Denver Gazette BEIJING (Reuters) -China's Vice Premier He Lifeng said China and the United States should strengthen consensus and maintain communication, state news agency Xinhua reported on Wednesday, after the two countries agreed to get a delicate trade truce back on track. U.S. and Chinese officials, including He, concluded two days of negotiations in London on Tuesday to resolve key trade issues in the two superpowers' bruising tariff war, including on a raft of export control measures that have hobbled global supply chain. The two sides should use their consultation mechanism to further "build up consensus, reduce misunderstandings and strengthen cooperation", He was quoted as saying by Xinhua, describing the talks as candid and in-de...

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