rawmaterials.net

On Wednesday, the United Kingdom and Indonesia signed a Memorandum of Understanding to collaborate on critical minerals. The MoU focuses on policy dialogue and the sharing of knowledge, technologies, and expertise to cover supply chain resilience as well as sustainable mining and processing. Indonesia is an emerging market and the largest economy in Southeast Asia. It is the world's leading nickel miner and the second-largest tin producer. With a series of export bans on unprocessed raw materials, the country seeks to lure investment into its downstream processing sector. #rawmaterials #criticalminerals #nickel #indonesia

The planned German raw materials fund has repeatedly faced hurdles, but it can now go ahead, according to a report by Handelsblatt. The ministries involved have reached an agreement on the financing. The fund is intended to reduce Germany's dependence on China by promoting raw material projects both domestically and internationally, with a budget of one billion euros. For comparison, neighboring France has allocated two billion euros for a similar initiative, as has Italy. #rawmaterials #criticalminerals #mining #germany

Australia and the United Arab Emirates (UAE) have concluded negotiations on a Comprehensive Economic Partnership Agreement (CEPA) to boost Australian agricultural and resource exports and facilitate UAE investment into the industry Down Under. The trade deal removes tariffs on roughly 99 percent of Australian products. The UAE, on the other hand, will gain broader access to investments in the Australian industry. The renewables and resource sectors especially hope for investments through the UAE’s sovereign wealth funds, one of the largest in the world. The agreement is set to enter force in mid-2025. #mining #trade #minerals #australia

The German automotive industry is amidst a crisis. Industry representatives recently called for a relaxation of the EU’s climate targets for the sector, as they fear sluggish sales of electric vehicles. However, this concern may be unfounded, as a new study from Transport & Environment, an NGO for sustainable mobility, shows. T&E estimates that battery electric vehicles (BEVs) could reach a 20 to 24 percent market share in the EU for 2025 based on sales in the first half of the year and sales forecasts. A key reason for this is a wide range of new, more affordable electric car models entering the market next year. Currently, the market share of battery electric cars in the EU stands at 14 to 15 percent. Learn more about the challenges and opportunities that electromobility is currently facing in Europe and other important markets in our detailed market commentary: https://lnkd.in/eAwAzYJb To the T&E report: https://lnkd.in/edVtWxKD Publication of the European Automobile Manufacturers' Association (ACEA) on the current market share: https://lnkd.in/eciFhPMf #rawmaterials #criticalminerals #electricvehicles #eu  

German Chancellor Olaf Scholz is currently on a state visit to Central Asia. After a strengthened collaboration on critical raw materials was agreed upon with Uzbekistan, neighboring #Kazakhstan now followed suit. According to the Kazakh government, the country hosts 19 of the 34 raw materials classified as critical by the EU. These resources are to be extracted and processed locally to increase domestic value creation, with #Germany providing support in terms of technology and expertise. #rawmaterials #criticalminerals #supplychains

U.S. technology company Intel will temporarily postpone its plans to build two chip factories in Magdeburg, Germany. In a statement, CEO Pat Gelsinger speaks of a delay of about two years, with plants in Poland also being affected. For the time being, Ireland will remain the most important European location, where capacity has been increased, according to Gelsinger. #chip #semiconductors #criticalminerals #supplychains

The United States and #Uzbekistan will expand their collaboration on critical minerals. On Monday, U.S. Ambassador to Uzbekistan Jonathan Henick and Uzbek First Deputy Minister of Geology Omonullo Nasritdinxodjaev signed a Memorandum of Understanding (MoU) in Tashkent. Under the MoU, the two nations will intensify cooperation in the critical minerals sector to catalyze investment into Uzbekistan’s industry, setting it up to become a potential major supplier. #rawmaterials #criticalminerals #centralasia #supplychains

Osteosarcoma is the most common primary bone cancer, mostly affecting children, adolescents, and young adults. The average survival rate in the first five years after diagnosis is currently only up to 70% with chemotherapy. Aiming for an effective and more localized treatment with fewer side effects, a research team at Aston University in the UK has used bioactive glasses doped with the metal gallium. In lab tests, their method achieved a 99% success rate in killing bone cancer cells. #gallium #criticalminerals #rawmaterials #cancerresearch

Banks and other financial institutions have committed a total of $386 billion to finance renewable energy projects in India, Renewable Energy Minister Pralhad Joshi announced Monday. Besides monetary commitments, Joshi also announced that energy developers plan to set up 570 gigawatts of additional renewable energy in India, and manufacturers have committed to build 340 gigawatts of manufacturing capacity in the form of solar cells, wind turbines, and electrolyzers. #renewables #criticalminerals #rawmaterials #solar #wind

On Sunday, German Chancellor Olaf Scholz embarked on a three-day trip to Central Asia. That same day, he met with President Shavkat Mirziyoyev in the historically significant Uzbek city of Samarkand for talks. According to media reports, both sides agreed to strengthen cooperation on critical raw materials, including mining and processing. #rawmaterials #criticalminerals #mining #centralasia