News

Is the West too reliant on Chinese rare earth exports?

Published

3 years ago

June 1, 2023

ticker NEWS

Rare earths elements are needed to make iPhones, advanced batteries, military night-vision goggles and MRI machines. According to the U.S. Genealogical Survey, China was responsible for 80% of rare earths imports in 2019.

Critical earth minerals are a necessity for humans around the world.

They are essential to our modern-day lifestyles and critical in the creation of things such as iPhones, electric vehicles, and advanced precision weapons.

While the United States is dependent on other countries for many minerals, there is no country that America is more dependent on than China. And all these minerals come at a price.

Rare earths elements are needed to make everything from the technology we use every day like smart refrigerators and advanced batteries to night-vision goggles used by the military to MRI machines which are crucial to the medical field.

Many in the government, business, and science sectors have long raised concerns about how to ensure the West’s continued supply of these critical earth minerals.

The United States was once a dominant player in the rare earths supply chain, but for decades, that global market has been dominated by China.

According to the U.S. Genealogical Survey, China was responsible for 80% of rare earths imports in 2019.

Last year, the Biden administration even touted a new plan for the United States to rival China and end their decades-long dominance of rare earth metals market.

So, how reliant is the West on Chinese rare earth exports?

Luisa Moreno the President of the Defense Metals Corp joined us to discuss. #rareearthelements #china #unitedstates #greenagenda #veronicadudo #luisamoreno #trade

Related Topics:china greenagenda luisamoreno rareearthelements trade unitedstates veronicadudo

Up Next

Is President Biden securing a ‘made in America’ supply chain for critical minerals?

Don't Miss

Moscow says sending F-16 jets to Ukraine is a “colossal risk”

ticker NEWS

News

Coalition cracks deepen as Nationals break ranks over Labor reforms

Nationals senators defy party lines, voting against Labor’s reforms as Coalition faces internal rifts and leadership concerns.

Published

17 hours ago

January 21, 2026

Harvey Vargas

Nationals senators defy party lines, voting against Labor’s reforms as Coalition faces internal rifts and leadership concerns.

A rift has emerged in the Coalition after three Nationals senators crossed the floor to vote against Labor’s post-Bondi hate group reforms, defying party lines and raising questions about their future in the shadow cabinet.

Their proposed amendment calling for greater scrutiny was rejected, and Labor’s legislation passed the Senate 38 votes to 22, cementing the reforms into law despite opposition pushback.

Coalition leadership will meet Wednesday to assess the political fallout, though some MPs consider the issue minor in terms of potential resignations. The incident highlights growing tensions within the party as internal discipline comes under pressure.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#AustralianPolitics #Coalition #Nationals #Labor #Senate #PoliticalDrama #TickerNews #BreakingPolitics

News

Trump escalates Greenland rhetoric as Davos leaders push back on sovereignty

Trump claims U.S. alone can ensure Arctic peace, sparking backlash as Greenland’s sovereignty faces geopolitical tensions at Davos.

Published

18 hours ago

January 21, 2026

Harvey Vargas

Trump claims U.S. alone can ensure Arctic peace, sparking backlash as Greenland’s sovereignty faces geopolitical tensions at Davos.

President Trump has intensified his remarks over Greenland, claiming the U.S. is the only nation capable of ensuring peace in the Arctic, sparking sharp pushback from European leaders. His rhetoric, including hints at potential tariffs, comes as international attention turns to the strategic territory.

The debate has dominated discussions at the World Economic Forum in Davos, Switzerland, where Trump confirmed plans to meet regarding Greenland following a positive conversation with NATO Secretary General Mark Rutte. Meanwhile, Greenland’s leadership has warned that the territory must be ready for potential military scenarios.

Canada’s Prime Minister Mark Carney also weighed in from Davos, drawing a firm line on sovereignty, declaring Greenland’s independence non-negotiable. The unfolding standoff highlights rising geopolitical tensions in the Arctic, with global powers increasingly staking their claims.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@UCiMroZIXuwlSh1r5wZdeU6Q
#Trump #Greenland #Geopolitics #Davos #WorldEconomicForum #NATO #GlobalPolitics #TickerNews

News

OpenAI prepares first consumer device amid revenue boom

OpenAI plans to launch a screenless smart speaker by late 2026, shifting focus to hardware amid significant revenue growth.

Published

2 days ago

January 20, 2026

Harvey Vargas

OpenAI plans to launch a screenless smart speaker by late 2026, shifting focus to hardware amid significant revenue growth.

OpenAI is gearing up to launch its first-ever consumer hardware device in late 2026. The product is expected to be a screenless smart speaker, signalling the tech giant’s move beyond software and into the world of physical devices.

The device comes after OpenAI acquired a promising hardware startup to accelerate development.

The company is also pushing a strategy to strengthen domestic manufacturing, working closely with U.S. manufacturers to secure efficient production of essential components.

Despite the progress, technical hurdles remain, especially around the device’s listening capabilities, which could delay the rollout.

This development comes on the heels of OpenAI reporting an annualised revenue of over $20 billion in 2025, representing a staggering 233% increase from the previous year. The combination of massive revenue growth and expansion into hardware marks a new era for the AI pioneer.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#OpenAI #SmartSpeaker #AIHardware #TechNews #Innovation #Manufacturing #AIRevenue #FutureTech