Rare earth elements (REEs) are crucial for technologies like smartphone cameras and defense systems. A select few from the group of 17 are also vital to the expanding electric vehicle (EV) industry — neodymium and praseodymium are found in the permanent magnet synchronous motors used in EV drive trains. China’s…
Quantum computing is an emerging technology that has the potential to revolutionize many industries. According to a late 2021 Statista forecast, the quantum computing market’s total revenue is projected to reach US$8.6 billion by 2027. To put that into perspective, the industry was worth only US$412 million in 2020. In…
With Bitcoin and other digital stores of wealth gaining popularity, Bitcoin mining stocks offer another investment opportunity for those who believe in the future of this technology. Although the cryptocurrency market is marked by high volatility, analysts such as Peter Eberle, president and CEO of Castle Analytics, believe it could…
The world’s population is increasing rapidly and is expected to reach over 9.7 billion by 2050. This situation is creating positive fundamentals for the agricultural sector, including the potash market. A larger population means much higher amounts of food will be needed; however, with more people will come further urbanization…
Critical minerals company Almonty Industries (TSX:AII,ASX:AII,OTCQX:ALMTF) said on January 29 that it has entered into an exclusive offtake deal with South Korean molybdenum processor SeAH M&S. Under the deal, SeAH will purchase 100 percent of the material produced from Almonty’s Sangdong molybdenum project for the asset’s entire life. Located in…
Former North Dakota Governor Doug Burgum took the oath of office to become the 55th US secretary of the interior on Saturday (February 1), vowing to prioritize domestic energy expansion, particularly in Alaska. On his first day in office, Burgum wasted no time in advancing the administration’s energy agenda, signing…
Chipotle Mexican Grill said Tuesday that it does not expect costs to rise much if tariffs on key imported ingredients go into effect next month, noting that only about half of its avocados come from Mexico. A day earlier, President Donald Trump paused his plans for 25% tariffs on Mexican and Canadian imports.…
Amazon long ago passed Walmart in terms of market cap, but the e-commerce giant is finally poised to leapfrog its brick-and-mortar rival by another key metric: revenue. For the past dozen years, Walmart held the distinction of being the top revenue generator each quarter. In 2012, it overtook oil giant Exxon Mobil, according to…
China has blacklisted the owner of Calvin Klein and Tommy Hilfiger, which could force the company to shut down stores and manufacturing in an early repercussion of President Donald Trump’s trade war. China added PVH Corp. to its “unreliable entities” list on Tuesday, which allows the Chinese government to fine the retailer, prohibit…
A bipartisan congressional bill is being introduced to ban China’s DeepSeek artificial intelligence software from government devices. U.S. Reps. Darin LaHood, R-Ill., and Josh Gottheimer, D-N.J., are introducing the legislation on national security grounds, saying the company’s technology presents an espionage risk. “The technology race with the Chinese Communist Party…