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American Resources Policy Network
Promoting the development of American mineral resources.
  • China’s Rare Earths attract Japanese Manufacturer

    In this story hitting the East Asia news wires, Showa Denko, a leading Japanese metals fabricator, announced it will be moving its Rare Earths manufacturing facility to China.

    This is an alarm bell for anyone who believes the U.S. must stake a leadership claim in the green-tech sector. Coupled with decreased Chinese exports, access to primary metals used in a full range of green technologies – wind turbines, solar panels, CFL bulbs and electric batteries – will create pressure to site manufacturing plants near the mines.  In short, if the metals won’t come to you, you’ll have to go to the metals.

    The story notes that Japan had resisted “overseas production to protect its technologies.”  Lack of access to Rare Earths has made that concern a luxury the company can no longer afford.

    Rare Earths are well known for their magnetic properties.  We’re now seeing the magnetic pull that results when one country dominates the resource supply.

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  • China’s “prospecting” focus broadens to Latin America

    Friends of the American Resource Policy Network are aware that, in an effort to secure access to the continent’s natural resources, China’s state-backed mining companies have been investing heavily in Africa (Chinese foreign direct investment in Zambia, for example, has grown by 1,000% since 2001.) According to the Associated Press, China is now expanding its global pursuit of commodities to Latin America, where Chinese loans and investments “in return for a guaranteed flow of commodities” totaled more than $15 billion in 2010 alone.

    While its Latin American “loans-for-access” approach appears to focus, at least for now, primarily on oil, the geopolitics of China’s strategic cash infusions, which have made it the third biggest investment source for Latin America, should not be dismissed.

    With China ready to “prospect” for natural resources on our doorstep, U.S. policy makers’ current efforts to reassess our mineral resource policies are not only welcome developments, they are vital for our continued economic growth, and national security.

     

    China’s “prospecting” focus broadens to Latin America

     

    Friends of the American Resource Policy Network are aware that, in an effort to secure access to the continent’s natural resources, China’s state-backed mining companies have been investing heavily in Africa (Chinese foreign direct investment in Zambia, for example, has grown by 1,000% since 2001.) According to the Associated Press, China is now expanding its global pursuit of commodities to Latin America, where Chinese loans and investments “in return for a guaranteed flow of commodities” totaled more than $15 billion in 2010 alone.

     

    While its Latin American “loans-for-access” approach appears to focus, at least for now, primarily on oil, the geopolitics of China’s strategic cash infusions, which have made it the third biggest investment source for Latin America, should not be dismissed.

     

    With China ready to “prospect” for natural resources on our doorstep, U.S. policy makers’ current efforts to reassess our mineral resource policies are not only welcome developments, they are vital for our continued economic growth, and national security.

    Share
  • Mozambique find underscores geopolitics of global race for resources

    According to the Sydney Morning Herald, Globe Metals and Mining has discovered significant rare earths deposits at its exploration site Mount Muambe in Mozambique. This positive exploration result will likely further strengthen China’s quasi-monopoly position when it comes to rare earths, as the Chinese state-owned East China Minerals Exploration and Development Bureau only two months [...]
  • U.S. House subcommittee focuses on America’s resource dependency

    On Tuesday, May 24, 2011, I testified on behalf of American Resources Policy Network before the House Committee on Natural Resources’ Subcommittee on Energy and Mineral Resources, which held a hearing on the issue of “domestic minerals supplies and demands in a time of foreign supply disruption.” (Read my testimony here and watch my remarks [...]
  • Global events send price of gold soaring

    With the news cycle dominated by the ongoing crisis in Japan, unrest, and war in the Middle East, and financial troubles of European Union member countries; the price of gold is soaring. As CBS News reports, investors big and small are lured by the perceived safety of the commodity, sending its price to more than [...]
  • Chinese increase tax on rare earths resources

    Placing emphasis on the stated Chinese government’s goal to preserve an important resource from “unqualified” rare earth miners, while at the same time protecting the environment, a China Radio International (CRI) segment earlier this week reports on the recent tax increase on Rare Earths resources.

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