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The Little Known Metals Giant that Rules a Global Market – by Mark Burton (Bloomberg News – July 25, 2023)

The Little Known Metals Giant that Rules a Global Market – by Mark Burton (Bloomberg News – July 25, 2023)
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A little known Chinese firm rules over the metals needed for green tech

Under green technology, the country has control over many vital elements such as cobalt, lithium, primarily used in electric vehicle batteries as well as rare earth metals.

United kingdomWestern australiaCity ofSarah gordonTodd malanOlimpia pilchMatthias ruethZhu shihuiGeorge zhuEuropean unionChina vital materials coCritical minerals international allianceSumitomo corpRio tinto groupVital materialsRare earth

China Firm Vital Materials Holds Biggest Share of Metals Needed for Green Tech

China Firm Vital Materials Holds Biggest Share of Metals Needed for Green Tech
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China vital materials coVital materials

The little known metals giant that rules a global market

Spin forward a few years, and the influence of a company some people in the industry have still barely heard of is a timely illustration of the scale of the challenge to loosen China’s grip on what have become key raw materials.

Western australiaUnited kingdomCity ofZhu shihuiOlimpia pilchSarah gordonTodd malanMatthias ruethGeorge zhuEuropean unionCritical minerals international allianceSumitomo corpRio tinto groupChina vital materials coVital materialsPrice swings