Mine in South Korea to offer U.S. new source of a critical war metal
China dominates the supply of critical minerals such as tungsten, but a U.S. push for alternative sources has found one, deep inside a South Korean mountain.
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China dominates the supply of critical minerals such as tungsten, but a U.S. push for alternative sources has found one, deep inside a South Korean mountain.
Nestled deep in the mountains of South Korea, in a remote part of the country's east, is one of the world's largest deposits of tungsten, a critical mineral the U.S. desperately needs for its defense. As Anna Coren shows, a newly reopened mine in South Korea could soon fill that need.
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President Trump is expected to sit down with China's Xi Jinping in South Korea for trade talks shortly as he wraps up his trip to Asia. Micah McCartney, a Taipei-based journalist with Newsweek, joins CBS News to preview the meeting.
President Trump met with new Japanese Prime Minister Sanae Takaichi on Tuesday and signed a trade agreement that the countries made over the summer. CBS News' Ramy Inocencio has the latest.
The U.S. and China are nearing a trade deal ahead of the planned meeting between President Trump and Chinese President Xi Jinping on Thursday, according to the Trump administration. CBS News' Nancy Cordes has more details, while Isaac Stone Fish, founder and CEO of research firm Strategy Risks, joins to break down the deal's framework.
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China has controlled the supply of a group of rare earth minerals that are essential for its factories, which develop everyday items like smartphones, TV screens and electric cars. This comes at a grave environmental cost. BBC correspondent Laura Bicker gives a closer look.
The U.S. and China have agreed on the framework for a trade deal, both nations say. It appears that rare earth minerals are one key part of it.
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Top U.S. and Chinese officials met on Monday in London to discuss trade, tariffs and access to rare earth elements. Akin Oyedele, a deputy editor at Business Insider, joins with more on what's at stake for each nation.
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China produces as much as 95% of the world's rare earth magnets.
China produces as much as 95% of the world's rare earth magnets, but an Oklahoma-based company is hoping to change that by bringing the crucial supply chain back to the U.S. Jason Allen reports.
The joint economic investment between the U.S. and Ukraine comes after China restricted exports of some rare earth minerals to the U.S.
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Ukrainian President Volodymyr Zelenskyy was expected to sign an agreement Friday granting the U.S. access to his nation's rare earth minerals in exchange for support in the war with Russia. Instead, he left the White House without a deal after the meeting became an argument. Gracelin Baskaran, director of the critical minerals security program at the Center for Strategic and International Studies, joins "America Decides" with analysis.
As Ukrainian President Volodymyr Zelenskyy prepares to visit the White House, his country's proposed deal with the Trump administration that would give the U.S. access to key minerals is in focus. CBS News foreign correspondent Imtiaz Tyab got a look inside one facility that manufactures the minerals the U.S. could benefit from.
About 30 U.S. service members remained hospitalized Tuesday after an Iranian drone strike in Kuwait.
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Officers normally assigned to process Global Entry travelers had been reassigned to process other arriving travelers during the pause.
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The emergency oil release — the largest in the multinational organization's history — could help ease oil prices in the short term, according to analysts.
The inflation data captures the period before the Iran war broke out. Since then, oil prices have surged, driving inflation fears.
Gas prices in the U.S. have surged roughly 20% since the attack on Iran. Read on to see what measures the Trump administration could take to offer relief.
Even if oil prices ease, they won't return to the levels they were at before the war started, according to Patrick De Haan of GasBuddy.
The Strategic Petroleum Reserve is designed to cushion disruptions to U.S. oil supplies during emergencies.
About 30 U.S. service members remained hospitalized Tuesday after an Iranian drone strike in Kuwait.
Officers normally assigned to process Global Entry travelers had been reassigned to process other arriving travelers during the pause.
President Trump told FIFA representatives Tuesday that Iran is welcome to play in the World Cup tournament in the United States, officials told CBS News.
Latino voters helped propel record turnout in last week's Texas Democratic primary, a trend Democrats are watching closely as they try to reclaim ground with the group and pull off an upset win in the red-leaning state's Senate contest.
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