Tag: critical minerals
16 articles
Pentagon Targets Critical Minerals with $5 Billion Investment Push
The Pentagon is putting $5 billion on the table to tackle the critical minerals crisis, a pressing concern for national security and the defense industrial base. Kyle Bass of Rochefort Asset Management is taking a strategic approach, investing $450 million in established critical minerals companies with proven products and revenue.
US Military Grapples with China Rare Earth Dominance
The US military is facing a daunting reality: a single fighter jet, like the F-35, requires over 400 kilograms of rare earths to build, highlighting the alarming dependence on these critical minerals. China, which controls a whopping 70% of rare earth mining and 90% of processing, holds the reins on the global supply chain.
Pentagon Moves to Ease Industry Burden on Critical Mineral Restrictions
The Pentagon is giving industries a break, offering a phased approach to ease restrictions on critical minerals sourced from China and other prohibited countries, with a deadline to adapt by early 2027. They're also pledging to collaborate with companies to ensure a smooth transition.
Pentagon Tightens Rules on Critical Mineral Waivers
The Pentagon is tightening its rules on critical mineral waivers, following President Trump's executive order aimed at securing America's defense supply chains and prioritizing domestic acquisition of critical materials. This move closes a loophole that previously allowed the Pentagon to bypass restrictions on buying strategic materials from certain countries.
Quad Faces Industrial Capacity Test in Critical Minerals Push
The Quad faces a crucial test of its industrial capacity as it ramps up efforts to secure critical minerals, a challenge that requires more than just abundant resources. Can it catch up with China's strategic edge, built from decades of savvy investment in processing, markets, and integrated industrial policy?
G7 Seeks Allies to Diversify Critical-Mineral Supply Chains
The G7 is rallying allies to join forces in securing critical minerals, aiming to reduce reliance on any single supplier to less than 60% by 2030. By diversifying supply chains and strengthening production, the group hopes to build a more resilient and secure global market.
Australia's Absence of Economic Security Minister Hampers Cooperation
As Japan's Minister for Science, Technology and Economic Security visits Australia, the two nations are set to strengthen their alliance with a quantum cooperation agreement, ensuring a reliable supply of critical minerals and propelling them to the forefront of technological innovation. This move comes at a time when global economic security is under scrutiny, and Australia's vacant Economic Security Minister position raises questions about its capacity for cooperation.
Pentagon Seeks Industry Cooperation on Critical Mineral Supply Chain Overhaul
The Pentagon is calling on industry partners to collaborate on a critical mineral supply chain overhaul, with a focus on friendshoring, domestic shoring, and supplier changes to reduce reliance on high-risk foreign sources. By presenting credible plans, contractors may be able to negotiate flexible timelines with the Pentagon, ahead of the 2027 deadline set by a new executive order.
Australia Urged to Rethink Critical Minerals Strategy with Antimony Focus
Australia's critical minerals strategy needs a reboot, particularly when it comes to antimony, as the country's current production of just 1,300 tonnes pales in comparison to China's 40,000 tonnes, amidst a tightening global market where control and geopolitics are increasingly calling the shots.
Australia Urged to Cultivate Domestic Critical Minerals Workforce
Australia's mining sector is facing a critical shortage of skilled workers, with a 63% skills gap in 2022, and recent university closures are exacerbating the problem, threatening to leave valuable mines and processing plants idle. The country lags far behind China, which churns out 3,000 mining engineering graduates annually from 45 programs.
Democracies Need Critical-Minerals Stockpile Alignment
Democratic governments are taking a proactive approach to securing their critical mineral supplies, with Australia's recent announcement of a Critical Minerals Strategic Reserve being the latest example. This move is part of a growing trend to build resilience and reduce reliance on vulnerable supply chains dominated by a single country.
Australia's Defence Industry Needs Urgent Institutional Reforms
Western Australia's unique blend of industrial strengths, including critical minerals reserves, advanced maritime industries, and major energy infrastructure, makes it a crucial player in national defence - but can its potential be unlocked with effective institutional reforms? The future of Defence West hangs in the balance, threatening to either bridge the gap between state industry and national defence priorities or become just another layer of red tape.
China Warns Australia on Critical Minerals Push
China is hitting back at Australia's critical minerals push, slamming Treasurer Jim Chalmers' decision to force China-linked investors to sell their stakes in rare earths developer Northern Minerals as "irrational de-sinicisation". This move has significant implications for Australia's defence, manufacturing, and renewable energy sectors.
Younger Voices Inject Urgency into Australia's National Security Debate
Young professionals are shaking up Australia's national security debate, bringing fresh perspectives to pressing issues like the alarming decline in mining engineering enrolments. At ASPI's 2026 Darwin Dialogue, emerging thinkers tackled the nation's critical minerals ambitions and supply chain challenges head-on.
Australia's North Targets Economic Security Boost with Hybrid Zone Model
Australia's north is poised for an economic security boost with a groundbreaking hybrid zone model that leverages its vast energy, critical minerals, and industrial capabilities. By unlocking the region's potential, Australia can supercharge its national power and create a brighter future.
US-Indonesia Ties Pivot to High-Stakes Partnership
The US-Indonesia partnership has leveled up, shifting from a focus on shared values to a high-stakes game of mutual benefit, where critical minerals, supply chains, and defense capabilities are on the table. The question is, can this new transactional relationship deliver the real results both countries are counting on?