Home Facts industry

EU makes up plans to lure Africa s minerals

EU makes up plans to lure Africa s minerals

Write: An [2011-05-20]

EU makes up plans to lure Africa s minerals


EU makes up plans to lure Africa s minerals
Euractiv.com reports that the EU is trying to acquire minerals from Africa and China, including Tungsten.

The story is quoted as saying:

China is responsible for 97% of global rare earth production. Rare earths are essential for manufacturing superconductors or electric car batteries. Beijing s share of world output stands between 70% and 90% for antimony, graphite, magnesium and tungsten, which are all considered critical by the EU.

If you need any more details of the above news and/or products, please visit Chinatungsten Online, or contact us directly.
Disclaimer: The article is only reflecting the opinions of the author. We have no responsibility to prove the originality and authenticity of the content, words and/or pictures. You readers should just take it as reference and check the details by yourselves. And the content is not a suggestion for investment decision. The investor takes his or her own risks if he or she operates accordingly. If you have any dissent about the contents above, please contact the relevant author, or the webmaster. We will try our best to assist the dealing of the related issues. Thanks for your visit and cooperation.