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South Korean battery equipment manufacturer PNT has announced its revenue target for 2026, aiming to reach KRW 1.5 trillion, a 50% increase from KRW 1 trillion in 2024. PNT CEO JoonSup Kim stated that this goal will be driven by the company’s expansion into new business areas, such as semicondu...
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According to Reuters, the U.S. government is stepping up efforts to reduce reliance on China’s rare earths supply by introducing a separate, higher pricing system aimed at boosting domestic investment. As part of this initiative, the Department of Defense (DoD) will provide price guarantees to MP ...
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While the rare earth market has been volatile since April, when China— the top supplier— imposed export controls amid escalating trade tensions with the U.S., this has yet to stop global buyers to secure the crucial materials used in powerful magnets. According to Bloomberg, China’s rare earth...
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Trump’s plan to slap a 50% tariff on copper imports sent Comex futures soaring as much as 17% on Tuesday, as per Reuters. But the impact goes beyond price spikes—copper is crucial to electric vehicles, semiconductors, defense systems, and consumer electronics, Reuters notes. According to Reut...
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According to a report from Central News Agency, citing Chinese media outlet Calian Press, the management of China Rare Earth Holdings—a listed subsidiary under China Rare Earth Group—has reportedly seen a wave of departures this year. Rumors suggest many executives have been poached by overseas...