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Chinese developer Shimao looks to sell $12b in assets | Daily Express Online

Chinese real estate firm Shimao Group is looking to sell around $12 billion in assets, according to Chinese news outlet Caixin, as the developer seeks to raise funds to combat its liquidity problems

Recent South China Sea missions seen as sign China confident in carrier fleet

South Korea Confirms Highly Pathogenic Bird Flu Cases

China created Communism 2 0 by combining authoritarianism with capitalism in the post-Soviet wor

China created Communism 2 0 by combining authoritarianism with capitalism in the post-Soviet wor
scroll.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scroll.in Daily Mail and Mail on Sunday newspapers.

The race for rare earth minerals: can Australia fuel the electric vehicle revolution?

The race for rare earth minerals: can Australia fuel the electric vehicle revolution? Royce Kurmelovs © Provided by The Guardian Photograph: Lynas Corporation/AFP/Getty Images There are an estimated 1.4bn cars on the world’s roads today. Around 78m new cars are sold every year. To head off the worst effects of climate change, every single one will need to go electric eventually. Whether it rolls off a production line in Fremont, California, or comes together in a vast megafactory in Qinghai, China, a colossal amount of human effort must go into building the components and obtaining their base minerals. In each car, for instance, there is roughly a kilogram of magnet providing the motion needed to fire engines and electrify windows. Roughly 30% of this material is made up of rare earth material known as neodymium and praseodymium (NdPr).

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