Claims tagged with "Economics"

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Trump's volatile trade policy has thrown the world economy into chaos, and put some US prices up. 0.800

👤 The author 📋 News Article 🏷️ Economics , Trade

Simplified: Trump's trade policy has thrown world economy into chaos US prices up

0 sources

8 months ago
Trump's sweeping new tariffs take effect against dozens of countries 0.900

👤 The author 📋 News Article 🏷️ Economics , Trade

Simplified: Trump's new tariffs take effect against dozens of countries

0 sources

8 months ago
"Are there going to be [financial] incentives, for example, for the different players in this value chain to source rare earth elements from Europe?" 0.700

👤 The author 📋 News Article 🏷️ Business , Economics , Politics

Simplified: Potential financial incentives may encourage sourcing rare earth elements from Europe

0 sources

8 months ago
The EU has written its targets for lowering imports into law, but he wants to see how they make them happen. 0.900

👤 The author 📋 News Article 🏷️ Politics , Economics , Trade

Simplified: EU has written targets for lowering imports into law

0 sources

8 months ago
Pricing is key to the future of the expanded La Rochelle plant, he says. 0.900

👤 The author 📋 News Article 🏷️ Business , Economics

Simplified: Pricing is key to the future of the expanded La Rochelle plant

0 sources

8 months ago
He needs his customers, who supply carmakers and big tech firms, to commit to buying certain volumes of rare earths at certain prices. 0.900

👤 The author 📋 News Article 🏷️ Business , Economics

Simplified: La Rochelle plant needs customers to commit to buying certain volumes of rare earths at certain prices

0 sources

8 months ago
His business is developing a vast rare earths mine in Brazil, which hopes to provide as much as 5% of the world's rare earths. 0.800

👤 The author 📋 News Article 🏷️ Business , Economics

Simplified: Viridis Mining hopes to provide 5% of the world's rare earths from Brazil mine

0 sources

8 months ago
Western firms in the rare earths sector say they need more government support if they are going to catch-up with their Chinese rivals. 0.900

👤 The author 📋 News Article 🏷️ Business , Economics

Simplified: Western firms need more government support to catch up with Chinese rare earths rivals

0 sources

8 months ago
Rafael Moreno, the CEO of Australia's Viridis Mining, says this backing, both regulatory and financial, "is the key right now". 0.900

👤 The author 📋 News Article 🏷️ Business , Economics

Simplified: Rafael Moreno says regulatory and financial backing is key for Viridis Mining

0 sources

8 months ago
That stance explains why securing access to raw materials has been at the heart of recent EU trade deals, such as the one it signed with Argentina, Brazil, Paraguay and Uruguay last year. 0.900

👤 The author 📋 News Article 🏷️ Politics , Economics , Trade

Simplified: Securing access to raw materials is at the heart of recent EU trade deals

0 sources

8 months ago
"When you have a material that is coming almost 100% from one specific location, if you are dependent on this, you want to diversify your sourcing. This is what we can offer," explains the boss of the... 1.000

👤 The author 📋 News Article 🏷️ Economics , Industry

Simplified: Diversifying sourcing is important when dependent on a material from one location.

0 sources

8 months ago
"This is a market that is growing fast, and, also, there is a greater demand for shorter supply chains," says Solvay's CEO Philippe Kehren. 1.000

👤 Philippe Kehren 📋 News Article 🏷️ Economics , Industry

Simplified: Solvay's CEO Philippe Kehren says the rare earth market is growing fast.

0 sources

8 months ago
The Covid pandemic and the war in Ukraine have made companies and politicians try to remove some of the vulnerabilities in their supply chains. 1.000

👤 The author 📋 News Article 🏷️ Politics , Economics

Simplified: Covid pandemic and Ukraine war made companies and politicians try to remove supply chain vulnerabilities.

0 sources

8 months ago
Europe, like many other parts of the world, is trying to reduce its dependence on importing these key metals from China. 1.000

👤 The author 📋 News Article 🏷️ Politics , Economics , Geography

Simplified: Europe is trying to reduce its dependence on importing key metals from China.

0 sources

8 months ago
However, around 70% of rare earths mining, and 90% of refining, happens in China, as a result of years of support from the Chinese government. 1.000

👤 The author 📋 News Article 🏷️ Industry , Geography , Economics

Simplified: Around 70% of rare earths mining and 90% of refining happens in China.

0 sources

8 months ago
But as the materials become more and more crucial to the global economy, chemicals firm Solvay is expanding its processing plant next to the glistening Atlantic Ocean to meet surging demand across Eur... 1.000

👤 The author 📋 News Article 🏷️ Industry , Business , Economics

Simplified: Solvay is expanding its processing plant to meet surging demand across Europe.

0 sources

8 months ago
The EU is aiming to increase its own production of rare earth metals, led by a facility in France. 0.900

👤 The author 📋 News Article 🏷️ Politics , Economics , Industry

Simplified: The EU aims to increase rare earth metal production led by a facility in France

0 sources

8 months ago