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JAKARTA – The US Department of Labor has put Indonesian nickel on a list of products made using forced labor, a potential significant setback for the Southeast Asian nation’s bid to become a key global supplier of coveted battery materials for both Western and Chinese firms.
The mineral-rich Democratic Republic of the Congo (DRC) is often portrayed as a victim of exploitation by China, the US and Europe in their competition for its minerals, which are critical for the energy transition.
MANILA – The Philippines and China have capped their tensions in the South China Sea after a series of incidents brought the two rival claimants dangerously close to armed conflict. But the fragile sea truce masks a more fundamental shift in Philippine-China relations.
Over the coming years, Western countries will require tremendous volumes of critical minerals given the demand for mineral-rich technologies like electric vehicle batteries.
NAGOYA, Japan -- Toyota Motor will start final assembly of electric vehicle batteries at three more auto plants in Japan and the U.S., moving more of the process in-house to reduce costs associated with transporting heavy finished packs.