Chinese Lithium Giant’s Chile Headache Telling of Growing Global Resource Protectionism
June 5th, 2024
Via Caixin, a report on a Chinese lithium giant’s Chilean headache: The Chilean government’s move to take greater control over the country’s largest lithium reserve in a deal with local giant SQM has put its Chinese shareholder Tianqi Lithium in a bind, and comes as developing nations around the world take a greater interest in […]
Read more »UAE Seeks ‘Marriage’ With US Over AI
June 5th, 2024
Courtesy of The Financial Times, a report that the UAE’s AI minister says a recent investment deal between Microsoft and G42 is part of strategy to reshape its economy: The United Arab Emirates is seeking a “marriage” with the US over artificial intelligence as the Gulf state hopes to use its oil wealth to become […]
Read more »Russia Is Said to Seek French-Held Uranium Assets in Niger
June 5th, 2024
Via Bloomberg, an article on Russia’s interest in Niger’s uranium: Rosatom said to have contacts with junta on French-held mines Russia expands presence in Africa amid confrontation with West Russia is seeking to take over uranium assets in Niger held by a state-controlled French company, according to people informed about the matter, in a further […]
Read more »China Expands Its Oil Ties in Iraq
June 5th, 2024
Via The Diplomat, a look at how China’s dominance in Iraq’s energy sector creates political interdependence between the two countries: China is the world’s largest crude oil importer, importing more than 11 million barrels daily. Almost half of this import need is supplied from Middle Eastern countries, although Russia is the single-largest supply of crude oil […]
Read more »Nigeria Targets Lithium and Gold As Oil Wealth Dwindles
June 3rd, 2024
Via The Africa Report, a report on how – as policy inconsistency and insecurity in the Niger Delta has forced oil majors to sell onshore assets – Nigeria is seeking investments in lithium and gold to wean itself off oil receipts, according to Dele Alake, the minister for solid minerals development: Dele Alake, who was […]
Read more »Chinese Businesses Target Vietnam and Mexico as Trade Tensions with US Rise
June 3rd, 2024
Courtesy of The Financial Times, a look at how Chinese investment is increasing in countries that offer alternative supply chain route to US: Chinese businesses are increasingly favouring investment in countries including Vietnam and Mexico as trade tensions rise between western governments and Beijing. During the year to March, at least 41 Chinese manufacturing and […]
Read more »Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.