Trump calls Xi's rare earth move a 'bad moment'
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The South Atlantic Anomaly, a huge weak spot in the geomagnetic field off South America, has expanded and sprouted a lobe in the direction of Africa over the past decade.
China’s sweeping new restrictions on rare earth exports mark its first major effort to police the global flow of critical minerals it dominates, using the same playbook that allows the US to wield power far beyond its shores.
Scientists say a train of CMEs could impact Earth's magnetic field Oct. 15–17, bringing a chance of northern lights across northern North America.
The weak spot, known as the South Atlantic Anomaly, was identified in the 19th century and expanded in recent years.
Think of it this way: only around 10,000 decently sized meteorites slam into Earth per year. Meanwhile, the planet is annually bombarded by as much as 40,000 tons of dust. Volume alone dictates that amino acids were attached to the latter debris instead of the former.
MP Materials (NYSE:MP), an American company specializing in rare-earth materials and based in Las Vegas, Nevada, experienced a stock increase of approximately 8% on Friday after China revealed new export restrictions on rare-earth elements.
The automaker has quietly seeded the revival of the domestic magnet industry, locking down supply amid trade tensions.
Chinese rare earth magnet companies have been facing tighter scrutiny on export license applications since September, sources say, even before Beijing's move last week to expand controls over the critical minerals used in magnets.
Shares of U.S. rare earth firms fell Tuesday after surging premarket—as stock indexes including the Dow and S&P 500 fell amid escalating trade tensions between the U.S. and China. USA Rare Earth plummeted over 7% after markets opened, despite surging in premarket.
The world faces a "new reality" as we have reached the first of many Earth system tipping points that will cause catastrophic harm unless humanity takes urgent action, according to a report released by the University of Exeter and international partners.
MILAN (Reuters) -Expected new Chinese curbs on rare earth metal exports could have a significant impact on the European auto industry, the head of Italian auto part maker lobby ANFIA said on Tuesday,