Mr. Miller, one of President Trump’s top advisers, sold shares in the mining company MP Materials following a lucrative deal between the company and the government.
Stephen Miller, one of the president’s top advisers, sold shares of a mining company after it had begun negotiations with the government, raising concerns among ethics experts.
After decades of growth driven by diamond mining, Canada’s Northwest Territories are facing the closure of three major mines and wondering: What’s next?
The A418 pit at the Rio Tinto Diavik Diamond Mine in Lac de Gras, Northwest Territories was closed to mining activity in 2022 and is being filled with processed kimberlite and water as part of Diavik’s agreement to remediate the landscape back to as close to its original form as possible.
The Trump administration wants to encourage Chinese companies to use Nvidia’s H200 chip while limiting sales of the company’s newest chips, known as Blackwell.
In an unusual move, Xi Jinping, the leader of China, called President Trump. The two spoke about trade, Taiwan and Ukraine, according to separate official statements.
The changes would make it easier for American firms to obtain key minerals, delivering on what the White House said the two countries had agreed to at last month’s summit.
The Chinese government followed through on promises it made publicly after a recent summit, but has not yet taken other actions sought by the White House.
The president’s trade truce with China has lowered U.S. tariffs to a level that could pause a longer-term effort to reduce America’s dependence on Beijing.
Some analysts say Beijing won a major victory in its trade talks: Getting the U.S. to withdraw a national security measure that previously was not under discussion.
China has suspended export controls announced this month, but was conspicuously silent about rules imposed earlier, which are snarling global supply chains.
The two leaders reached an agreement on fentanyl, some tariffs and rare earths, at least for a year. But even as the global trade picture cleared a little, Mr. Trump spurred new worries about nuclear proliferation.
By withholding soybean purchases and rare-earth exports, China extracted relief from U.S. tariffs and delayed export controls, without conceding much in return.
The Trump administration is hailing a potential deal that may return the U.S.-China relationship to where it was before the president began a trade war against Beijing.
The U.S. announced agreements on Sunday with Malaysia, Thailand and Cambodia, securing support for its efforts to pressure China on trade and critical minerals.
Negotiators announced on Sunday they had preliminarily agreed on several issues ahead of an expected meeting between President Trump and Xi Jinping this week.
In weaponizing its dominance over the crucial minerals, Beijing is using tactics that it once denounced, potentially alienating nations it wants to court.
Australia’s got reserves and mining expertise, and the United States is eager to invest in alternatives to China. But building mines, refineries and factories could take years.
The United States hopes to become less dependent on China by increasing access to mineral-rich countries. Rare earth metals are vital to an array of modern industries.
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