Minerals critical for the green transition and highly traded agricultural products are especially vulnerable to “geo-economic fragmentation,” the IMF said October 3.

The nation, which has curbed overseas sales of all grades of rice to control domestic food inflation, will reduce the minimum export price to $850 a ton from $1,200.

The Biden administration and Lithium Americas Corp. are negotiating the terms of an agreement that would fund more than half of the cost of the Thacker Pass mine in Nevada.

The plant is set to start operating in 2026 and will initially produce enough batteries for about half a million EVs. 

The three-year deal gives Trafigura a big new chunk of credit for trading at a time when energy prices are rising again.

Public health experts have criticized rich countries for being too slow to make vaccines available to the developing world during the COVID pandemic.

The issue of securing supply has recently taken on importance as Europe’s gas market has seen renewed volatility due to supply risks.

Vaccines aren’t yet available in South Africa, but government talks to finalize access are at an advanced stage and registration of the medicines will be fast-tracked.

Saudi Arabia has outlined an ambition to become a global supply chain hub and develop one of the largest airports in the world in Riyadh.

UAW said September 22 the union would expand its labor action against GM and Stellantis, but spared Ford from additional walkouts after clinching more concessions from the company.