Korea Joongang Daily
Korea JoongAng Daily

Gov't to ease public sector limits as part of rare earth supply chain plan

The government has decided to ease restrictions on public sector participation in overseas resource development, in a bid to strengthen supply chains for rare earths and other critical minerals after years of limits.

2026-02-05

Trump says no critical minerals tariffs for now, will seek overseas supplies

U.S. President Donald Trump said on Wednesday he had opted for now against imposing tariffs on rare earths, lithium and other critical minerals, and instead ordered his administration to seek supplies from international trading partners.

2026-01-15

Korea to open rare metals cooperation center in Mongolia this week

Korea will officially launch a rare metals cooperation center in Mongolia this week to help the East Asian nation strengthen the industrial value of its rare-earth metals reserves, Seoul's Ministry of Trade, Industry and Resources said Thursday.

2025-12-11

Trump, Australia's Albanese sign critical minerals agreement to counter China

U.S. President Donald Trump and Australian Prime Minister Anthony Albanese signed a critical minerals agreement aimed at countering China on Monday at a meeting marked by Trump's jab at Australia's envoy to the United States over past criticism.

2025-10-21

China’s rare earth export controls threaten Korea’s auto and defense supply chain

A tightening Chinese chokehold on heavy rare earth exports is forcing Korean manufacturers to the brink, exposing cracks in Seoul's strategy to secure critical minerals.

2025-09-26

IEA chief urges diversification of critical mineral supply chains for energy security

IEA chief calls for diversifying critical mineral supply chains to enhance energy security and address rapid electricity demand growth.

2025-08-27

Trump, Xi likely to speak soon on minerals trade dispute, aides say

U.S. President Donald Trump and Chinese President Xi Jinping will speak soon to iron out trade issues including a dispute over critical minerals, Treasury Secretary Scott Bessent said on Sunday.

2025-06-02

Ukraine, U.S. sign minerals deal sought by Trump

Ukraine and the United States on Wednesday signed a deal heavily promoted by U.S. President Donald Trump that will give the United States preferential access to new Ukrainian minerals deals and fund investment in Ukraine's reconstruction.

2025-05-01

Korea, Australia vow to bolster ties on energy, key minerals amid uncertainty

Korea and Australia have agreed to strengthen bilateral cooperation on key minerals and energy sectors as part of broader efforts to navigate deepening global economic uncertainties, Seoul's Finance Ministry said Sunday.

2025-04-13

Korea to offer over $28.8B of financial support for battery industry

The government will give more than 38 trillion won ($28.8 billion) of financial support to the rechargeable battery industry over the next five years to help boost the competitiveness of the sector, the Finance Ministry said Wednesday.

2023-12-13