logo
episode-header-image
Aug 12
17m 28s

Australia’s rare earth ambitions

Bbc World Service
About this episode

Rare earths have been a major sticking point in trade negotiations between China and the United States.

China dominates the production of these critical resources – which power everything from electric vehicles to fighter jets and data centres – with Beijing disrupting production around the world when it cut off supplies earlier this year.

But one project in Australia is hoping to ease the bottleneck.

We visit one of the key sites.

If you'd like to get in touch with the programme, our email address is businessdaily@bbc.co.uk

Presenter: Suranjana Tewari Producer: Jaltson Akkanath Chummar

(Picture: A rare earth mining site in Western Australia.)

Up next
Today
Is the B Corp bubble about to burst?
B Corp certification is meant to signal that a company is socially and environmentally conscious. The logo graces the packaging and advertising of anything, from shoes and snacks, to steak houses. But as the movement nears nearly 10,000 companies globally, and includes multinatio ... Show More
17m 28s
Aug 11
The cost of reconstructing Ukraine
It is three and a half years since Russia’s full-scale invasion of Ukraine began. Homes, businesses, transport and energy infrastructure have been severely damaged or destroyed.Amid Russia’s onslaught, economists are compiling a list of what has been destroyed and are attaching a ... Show More
18m 43s
Aug 10
Bolivia's ongoing economic crisis
The country was the economic success story of the 2000s. But declining natural gas production has lead to a downturn. Now, fuel and food prices are soaring and Bolivian businesses are floundering. Inflation is around 15% - one of the highest rates in the region. There are protest ... Show More
17m 29s
Recommended Episodes
Aug 2020
How Lebanon's economy went 'beyond the brink'
This week, Nassib Ghobril, head of economic research at Lebanon’s Byblos Bank, and Massoud Derhally, The National's business editor, join host Kelsey Warner to discuss Lebanon's precarious economic future. In this episode: Hassan Diab's resignation (0m 5s) Nassib Ghobril on Leban ... Show More
19m 2s
May 28
Rethink Your Pricing Strategies Amid Economic Uncertainty
Rafi Mohammed, founder of the consulting firm Culture of Profit, says a crisis or recession is not the time to panic and slash prices. He says leaders should instead reevaluate their pricing strategy—or develop one for the first time—to better respond to customers during the slum ... Show More
20m 40s
Apr 2025
Hurray Lower Gas Prices. Oh Darn, Lower Gas Prices
Back in the 1970’s there was a very popular graphic of a Lincoln US one cent coin. The original coin on the back has the words engraved “In God we Trust”. The coin had been altered to say, in Oil we trust. At the time, that meme rang true as people were lining up at gas stations ... Show More
5m 5s
Nov 2023
Oh Sh*t... This Just Happened
#recession #money #recession2023 #money  #inflation #deflation #interestrates #dollar #economy #consumer #oil #gasoline #cisco #walmart  From Cisco to Walmart, bonds to oil. Don't call it a comeback, deflation has been here the whole time. Most just forgot about it or were distra ... Show More
18m 20s
Jul 2024
How are sanctions affecting Venezuela?
Protests in Venezuela have been met by violent repression, as critics question the validity of election results that were declared in favour of the incumbent President Nicolas Maduro, who has presided over almost a decade of economic collapse. We'll get the latest from Caracas.Al ... Show More
49m 22s
Apr 2024
What Does 3.5% Inflation Really Mean?
On today’s show we are taking a look at the Macro economy. The bureau of Labor and Statistics published the latest CPI data which came in a bit hotter than expected. This is implying that the Fed will need to keep interest rates higher for longer to combat inflation. The Fed keep ... Show More
6m 38s
Aug 2024
Why Is GDP Rising? Are They Lying?
On today’s show we are looking at something that is happening in the world of global commerce that is not making headlines and explains a lot of what we are seeing in economic reports.  We have rising unemployment, and falling corporate revenues and earnings. But at the same time ... Show More
5m 34s
Nov 2024
The Truth About the US Economy!
The US Economy has been booming in recent years and most Americans are doing better than they were a year ago, unemployment is lower, wages are growing, and inflation is declining. It’s not just the one percent either, the statistics show that Americans across ages and social cla ... Show More
19m 55s
Aug 2024
As stock market crashes, is US facing new financial crisis? Economist Michael Hudson explains
The stock market crashed on August 5, in a new "Black Monday". What caused it? Is the USA on the verge of a new financial crisis? Ben Norton is joined by economist Michael Hudson to discuss the extreme volatility, AI / Big Tech bubble, Japanese yen carry trade unwind, Chinese eco ... Show More
1h 26m
Aug 2024
The Slowdown Scenario
We live at a time when extreme voices get the most attention and so it is tempting, following a string of weak economic numbers, to yell the word “recession”. However, a balanced assessment of demand and supply suggests that we are, thus far, merely transitioning to slower growth ... Show More
10m 53s