Australia is looking to play a bigger role in the rare earths supply chain, but it is up against a dominant China. 
Commodities

Australia doubles down on rare earths despite Chinese dominance

Ambitious strategy to boost role in critical minerals confronts market challenges

29 March 2024
The Kia EV9. The South Korean automaker is aiming to make the electric SUV eligible for U.S. tax breaks.
Automobiles

Kia aims to qualify for $7,500 U.S. EV tax credit by early 2025

South Korean maker will start to assemble EV9 in Georgia by end of May

28 March 2024
Indonesia's furniture and handicraft industry is facing pressure due to a new European Union regulation aimed at fighting deforestation. (Photo by Nana Shibata) 
23 March 2024
Major coffee producing countries like Vietnam and Indonesia are forecast to have sharp drops in output this year.
Commodities

Coffee bean prices soar to new highs on Asia's expanding middle class

Vietnam and Indonesia face weak harvests, raising pressure on retail pricing

21 March 2024
Unlike in oil and mining, production in the agricultural sector fluctuates yearly in response to shifts in prices.
Commodities

Sluggish grain prices from bumper crop threaten production cuts

Unwinding of built-up short positions could mark turning point for soft market

19 March 2024
Japanese trading house Marubeni is an investor in the Centinela mine in Chile. (Marubeni)
Commodities

Chile copper mine backed by Japan's Marubeni set for $2.5bn international loan

Exclusive: Production expansion for vital EV metal secures financing

17 March 2024
RedDoorz's Jakarta office. London-based Grant Thornton interviewed executives at 4,891 midsize companies in the fourth quarter of 2023. (Photo by Ken Kobayashi)
Gender

Philippines tops women business executive ranking of 28 countries

Thailand, Malaysia, Indonesia place in top 10; Japan, South Korea fall to bottom

16 March 2024
Rare earth concentrate at a Lynas plant in Gebeng, Malaysia: The Australian rare earths miner and processor is the only such company with supply chains outside China.
Commodities

Australia pumps $550m into rare earths refinery project

Funding 'will deliver critical jobs and economic development,' government says

14 March 2024
Indonesian Vice Minister for Foreign Affairs Pahala Mansury speaks during an interview on March 11 in Tokyo. (Photo by Manami Yamada) 
Interview

Indonesian minister urges investment in Jokowi's mineral strategy

Maritime sector could also be part of developing domestic value chains for growth

12 March 2024
A man unloads fresh palm fruit in Malaysia. Demand for palm oil is expected to slow, according to experts.
Commodities

Indonesian palm oil output pressured by weak global economic growth

China, India, U.S., EU expected to buy less from major producers, experts say

7 March 2024
The project would make Mitsubishi the first Japanese company to produce lithium in North America.
Commodities

Mitsubishi Corp. to invest in Canadian lithium project

Japanese trading house teams with Frontier for supply chain without China

5 March 2024
A view of BHP's Nickel West operations, south of Perth. The resources giant is considering suspending operations at Australia's only nickel smelter.
Commodities

Australia nickel industry seeks aid as BHP smelter decision looms

Supply glut and lower-cost foreign producers squeeze domestic operators

4 March 2024
Palm oil fruit is unloaded at a factory in Indonesia's West Aceh regency.
Commodities

Indonesia palm oil firms warn of food security risks as biodiesel use rises

Government mulls doubling the subsidy for replanting amid concerns over exports

28 February 2024
Nippon Steel's planned acquisition of U.S. Steel has been opposed by the United Steelworkers union and lawmakers from Pennsylvania, where the American company is based. 
Trade

Nippon Steel taps Republican lobby firepower for U.S. Steel deal

Former congressional staffer retained to help advocate on Capitol Hill

28 February 2024
The Bongkot gas field in the Gulf of Thailand. (PTTEP)
Energy

Thailand and Cambodia revisit natural gas ambitions in disputed waters

Decades after first agreement, neighbors weigh joint development for energy security

27 February 2024
A worker at a Vale Indonesia smelter -- the nickel industry has fueled environmental, social and governance concerns in the archipelago. 
Commodities

Indonesia miner buys another 14% stake in Vale's local nickel unit

State-owned MIND ID becomes largest shareholder with 34% of shares

26 February 2024
The truck in the distance is carrying rare earths toward a processing plant northeast of Perth, Western Australia. Lynas' chief executive says 2024 will be a transitional year.
Commodities

Australia's Lynas 'positive' on rare earths despite 74% profit drop

Only producer with supply chains outside China says demand will recover

26 February 2024
A self-driving dump truck collects iron ore at Rio Tinto's Gudai-darri mine in the Pilbara region of Western Australia.
Commodities

Australia's major miners buoyed by China demand despite property crisis

Battle of efficiency emerges as steel demand peaks in Asia's biggest economy

23 February 2024
A crude oil tanker in Russia. Russia accounted for around 30% of India's oil imports in 2023.
Trade

Indian imports of Russian oil drop to lowest in a year

Oil minister cites prices, says New Delhi has 'already diversified'

20 February 2024
A train loaded with iron ore departs a BHP mine in the Pilbara area of Western Australia. (BHP via AAP)
Commodities

Australian miner BHP averts rail strike with 20% pay raise

Tentative deal keeps iron ore moving in Western Australia

17 February 2024
Demand for nickel and other battery metals has fallen victim to a slower-than-expected adoption of electric vehicles.
Commodities

Australia adds nickel to critical minerals list amid price slump

The decision opens the door to more government support for the struggling sector

16 February 2024
Workers in Western Australia have to contend with 40 C heat during the summer. (BHP group/AAP)
Commodities

Australia's BHP faces strike by iron ore freight train drivers

Company's exports from key Pilbara mining region could be affected

15 February 2024
The Matsuya Ginza department store in Tokyo offers a wide variety of Valentine's Day chocolates. (Photo by Chihiro Ishikawa) 
Business trends

Japan splurges on Valentine chocolate even as cocoa prices surge

Makers and department stores find novel ways to keep customers sweet on treats

14 February 2024
Freight rates for very large gas carriers that transport liquefied petroleum gas have dropped by 60% since the end of 2023. (Iino Kaiun)
Transportation

Asian imports of U.S. LPG fall, dragging down shipping rates

Higher prices of American propane have sunk demand in Japan and China

9 February 2024
Australia Minister for Resources Madeleine King speaks to Nikkei Asia on Jan. 30 in Tokyo. (Photo by Yuki Kohara) 
Commodities

Australia to propose green mining standards amid slump in EV metals

Resources minister cites need to protect industry as Asian competition grows

7 February 2024