Critical Considerations: China announces ban on export of critical minerals to the United States
Beijing, China — On Tuesday, China announced that it is banning the export of critical minerals to the United States. Notably, the country aims to ban gallium, germanium and antimony from entering the U.S. These minerals have both widespread automotive, military and manufacturing applications. Furthermore, when looking at the automotive sector specifically, the order, which […]
China may see first ‘car scrappage peak’ in 2015
New York, New York — January 12, 2015 Automotive recycling in China lags behind many developed countries, but that may be about to change. China’s automobile industry has ushered in an explosive growth since 2000, with car ownership rising to 137 million by 2013, second only to the US. According to an estimated average car […]