American Resources Policy Network
Promoting the development of American mineral resources.
  • Resource-hungry China continues its global quest for minerals

    While the fate of even first steps towards implementing a strategic minerals policy in the U.S. remains questionable, China is expanding its mineral resource footprint virtually all over the globe.

    According to recent media reports, Chinese companies have made forays into Sri Lanka looking for copper, zinc and aluminium suppliers. While this search was unsuccessful, Sri Lanka, as a nation with “ports and airports with quick connections to the Indian subcontinent and other areas” is still relevant as a logistics base for China in its quest for resources.

    South America is also seeing increased Chinese resource-seeking activity with China’s state-owned Minmetals having submitted a first-round offer for the Las Bambas copper mine in Peru, a US $5.9 billion operation run by Glencore-Xstrata.

    Meanwhile, China’s aggressive pursuit of its minerals agenda in West Africa, where the People’s Republic has seized many mineral resource acquisition opportunities, has prompted India, which is also looking to secure access to critical minerals outside its own borders, to shift focus towards East Africa.

    With the global race for resources in full swing, and no signs of China’s appetite for metals and minerals abating, placing an emphasis on formulating a critical minerals strategy for the U.S. should be a key priority for policy makers. With vast mineral riches beneath our own soil we not only have an opportunity to provide our domestic manufacturers, who find themselves exposed to supply vulnerabilities, stable access to (not all, but many) critical metals and minerals – we have an obligation to do so.

  • Global resource insecurity an issue that “should be on everyone’s radar screen”

    In yet another comprehensive piece for Resource Investor Aheadoftheherd.com host and Northern Venture Group President Rick Mills discusses the issue of global resource insecurity. Pointing out a long list of “serious concerns in regards to global resource extraction that we need to consider,” Mills’ piece zeroes in on costs, resource nationalism, civil unrest directed towards mining, and the role of urbanization and population growth particularly in countries like China and India, as well as on the African continent.

    Mills predicts that:

    “[a]ccessing a sustainable, and secure, supply of raw materials is going to become the number one priority for all countries. Increasingly we are going to see countries ensuring their own industries have first rights of access to internally produced commodities and they will look for such privileged access from other countries.”

    He concludes:

    “The supply of most commodities is going to tighten. This undeniable fact should be on everyone’s radar screen. Is it on yours? If not, it should be.”

    Thankfully, there are signs that the issue is increasingly appearing on Washington DC policymakers’ radar screens – let’s hope momentum keeps building for a the formulation of a comprehensive U.S. mineral strategy in light of the many challenges we’re facing in this area.

  • Indian-Japanese Rare Earths cooperation underscores geopolitical dimension of resource policy

    Dwarfed by Chinese production today, it may be hard to imagine that India was once the world’s leading Rare Earths producer. The country is now trying to gain foot hold in a market it dominated in the 1950s, and is hoping to benefit from a territorial dispute in the East China Sea. In the wake [...]
  • African mining conference proves resource race heating up

    An interesting article in a South African weekly discussing the upcoming African Mining Indaba, an annual conference now in its 18th year with the stated goal of bringing investors in to help fuel investment into African mining, caught our eye this week. With more than 6,500 delegates expected at this year’s Indaba, next month’s event [...]
  • India seeks to gain ground in global resource race

    India aims to increase its GDP by $210 billion from the mining and mineral sector by 2025, as outlined in a recent government strategy paper, according to Creamer Media’s Mining Weekly.  While resource consumption in India has been on the rise, the paper laments that “performance has been poor both in input and output parameters [...]
  • Copper Month is over but copper’s rise continues

    American Resource’s Copper Month may have ended, but copper demand continues to show strength, in spite of a global economy that is anemic at best.  Reuters reports a rapid depletion of current copper stocks, contrary to the macro-economic news of slowing global growth.  American Resources will leave month-to-month fluctuations in copper and other metals markets [...]
  • India to overhaul its critical mineral strategy

    The Indian Express ran an excellent article this week on India’s efforts to develop a mineral strategy.  The piece gives a broad overview on the global context of the critical mineral mining environment from an Indian perspective. It points out that China not only accounts for more than 90 percent of global REE supply, but [...]
  • Japan and India agree on joint development of rare earths

    As China continues its geopolitical rare earths power play, Japan and India are the latest countries to partner in an attempt to offset China’s near total supply monopoly.  According to the Asia News Network, the foreign ministers of the two countries agreed in late October to promote the joint development of the critical minerals at [...]
  • Rare earths and beyond: China is shaping India’s mineral policy

    In today’s globalized world, it doesn’t take a seat at the decision-making table for one nation to influence another’s domestic policies – a near-monopoly on critical mineral resources will do.  A case in point is India, which, after a seven-year hiatus, is expanding its indigenous Rare Earth Element (REE) production over growing concerns that China [...]
  • Uranium find in India to reduce dependence on imports

    According to news reports, India has discovered what its government claims could be the world’s largest uranium reserves in a mine due to start operating by the end of the year.  The nation’s Department of Atomic Energy recently confirmed that the Tumalapalli mine in the southern state of Andrha Pradesh holds 49,000 metric tons of uranium, [...]