New Delhi, May 19 (IANS) Australian Treasurer Jim Chalmers issued orders to six China-linked shareholders to sell their holdings in rare-earth miner Northern Minerals over concerns that Chinese parties want to take control of the company, a report has said.The report from Nikkei Asia said the move aims to protect Australia’s national interests and ensure compliance with the foreign investment framework.Australia wants to thwart control attempts at Northern Minerals, which is developing the Brown…
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New Delhi, Feb 18 (IANS) Pakistan’s push to position itself as a supplier of rare earths and critical minerals to the United States remains only a promise without evidence unless domestic security, political stability and regulatory clarity improve, a new report has said.The report in Pakistan-based The Friday Times said that despite geological potential including deposits at Reko Diq and reports of rare earth elements in Balochistan and Khyber Pakhtunkhwa, “the state of security, politics and…
New Delhi, Feb 7 (IANS) Two US Democratic senators, Elizabeth Warren (from Massachusetts) and Andy Kim (from New Jersey), have reportedly urged the Department of Defense (DOD) to conduct a review of billionaire Elon Musk-led SpaceX.The senators alleged that Chinese investors have secretly acquired stakes in the aerospace maker, The Hill Reported. In a letter to Defense Secretary Pete Hegseth, the legislators raised concerns about SpaceX, a major contractor for the DOD. They also cited recently u…