Rare Metals & US Defense The United States of America is directly doing large scale funding for critical mineral stockpiling and supply chain resilience as a core pillar of US national defense. Out of a USD $ 150 billion defense fund for the budget reconciliation approximately USD $ 2.5 billion has been allocated for domestic
Green Shipping Fuels Myths The global liquefied natural gas (LNG) tanker fleet inclusive of floating storage units crossed the figure of 772 this year. Although LNG carriers have been capable of utilising boil-of-gas as a fuel for steam turbines for over fifty years it was not till the year 2000 that a non-LNG carrier vessel
Reko Diq Copper Gold Logistics A massive ore ship has been constructed by China Shipbuilding Industry Corporation (CSIC) having the capacity to transport 400,000 metric ton deadweight (DWT) roughly equivalent to 6000 railway infrastructure carriages. Sailing under the Hong Kong flag it has a draught of 23m and a fuel bunker allowing it to transport
South Korea Summit with Central Asian Countries South Korea 's summit with 5 Central Asian countries is an integral component of its fresh diplomatic strategy for Central Asia euphemistically termed as “Korea-Central Asia K Silk Road.” President Yoon Suk Yeol is embarking on state visits to Central Asian nations namely Turkmenistan, Kazakhstan and Uzbekistan to
KSA to localise Defense Manufacturing by 50 % The Saudi Vision 2030 is primarily concerned with diversifying the oil and gas exploration ,refining and petrochemical economy and acquiring self sufficiency in the defense and security fields to reduce external reliance, provide business and vending opportunities for Saudi businesses , generate employment for its citizens to
Russian Monopoly Russia retains a monopoly over the uranium conversion infrastructure. The world’s largest producer and exporter of natural raw uranium is Kazatomprom which has a joint venture with a Canadian firm.Kazatomprom has the largest uranium reserve base in the nuclear industry.Raw uranium has to be refined and enriched in order to be utilised
