cover image: Weekly Forecast Monitor: Aug. 9, 2024 - Global Hotspots

20.500.12592/1kat1r4

Weekly Forecast Monitor: Aug. 9, 2024 - Global Hotspots

2 Sep 2024

Opportunity level - medium • The Vietnamese navy sent a frigate to the Southern Chinese naval port of Zhanjiang in an effort to reduce tensions in the South China Sea. [...] Serbia’s Jadar valley is one of the most lithium-rich areas in Europe, and the mining project would greatly aid the EU’s plans to reduce its dependence on imports of critical raw materials used in the production of electric vehicles. [...] Turkmenistan has been a marginal natural gas exporter to Europe due to the challenges of building a pipeline across the Caspian Sea, with the country exporting most of its supplies eastward to China. [...] Cooperation between Chinese solar companies along and the government is vital to ensure the stability of the market, especially for small manufacturers that seem to be affected the most by the price slump. [...] Opportunity level – low/medium Key Stats of the Week • The EU has numerous strategic agreements over critical minerals mining and refining; in 2021 it signed such agreements with Canada and Ukraine; in 2022 with Kazakhstan and Namibia; in 2023 with Argentina, Chile, Zambia, the Democratic Republic of the Congo, and Greenland; and in 2024 with Rwanda, Norway, Uzbekistan and Australia.

Authors

Robert Calzada

Pages
5
Published in
United States of America

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