MOSCOW: More than 30 ships from the Russian Black Sea fleet have started training exercises near the Crimea peninsula as part of wider navy drills, RIA news agency reported on Saturday citing the fleet, as Western nations warned that a war in Ukraine could ignite at any moment.
Russia’s military moves are being closely scrutinized as its massing of troops near Ukraine and a volley of hawkish rhetoric have rattled the West and sparked concern it plans to invade Ukraine. Moscow denies any plan to invade, saying it is maintaining its own security against aggression by NATO allies.
RIA said that more than 30 Russian ships have left the ports of Sevastopol and Novorossiisk “in accordance to the plans of the drills” near Crimea, which Russia annexed from Ukraine in 2014.
RIA said the aim of the drills was the defense of the coast of Crimea, the outposts of the Black Sea fleet as well as the economy sector and naval communications.
Russia announced last month its navy would stage a sweeping set of exercises involving all its fleets this month and next, from the Pacific to the Atlantic, the latest show of strength in a surge of military activity during the standoff with the West.
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More than 30 Russian ships start drills near Crimea — RIA
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More than 30 Russian ships start drills near Crimea — RIA
Taiwan to send team to assess US rare earth deposits
TAIPEI: Taiwan plans to send officials to assess US rare earths deposits with a goal to have such minerals refined on the island, Economy Minister Kung Ming-hsin said on Wednesday.
President Donald Trump’s administration has stepped up efforts to secure US supplies of critical minerals after China rattled senior officials and global markets last year by withholding rare earths required by American automakers and other industrial manufacturers.
Trump last week launched a US strategic stockpile of critical minerals, called Project Vault, backed by $10 billion in seed funding from the US Export-Import Bank and $2 billion in private funding.
While semiconductor powerhouse Taiwan is not formally part of that scheme, it has previously held talks with the United States on how it can help, given Taipei’s concerns about over-reliance on a China-centric supply chain.
China views Taiwan as its own territory and has stepped up its military threats.
Speaking to reporters in Taipei, Kung said the ministry’s Geological Survey and Mining Management Agency would go to the United States to assess rare earths deposits there.
“Specifically, what rare-earth elements they contain and whether they are suitable. In other words, whether those are the rare earths we actually need. So we still need to investigate,” he said.
Given Taiwan does not mine such elements itself, it can instead play a role in refining the materials from other countries, Kung added.
“The technology is not an issue; the next step is scaling up,” he said.
Taiwan consumes 1,500 metric tons of rare earth annually, a figure projected to rise to 2,000 metric tons given economic growth, Kung added.
“Our goal is to expand production capacity to meet half of our demand by then, strengthening the supply chain.
President Donald Trump’s administration has stepped up efforts to secure US supplies of critical minerals after China rattled senior officials and global markets last year by withholding rare earths required by American automakers and other industrial manufacturers.
Trump last week launched a US strategic stockpile of critical minerals, called Project Vault, backed by $10 billion in seed funding from the US Export-Import Bank and $2 billion in private funding.
While semiconductor powerhouse Taiwan is not formally part of that scheme, it has previously held talks with the United States on how it can help, given Taipei’s concerns about over-reliance on a China-centric supply chain.
China views Taiwan as its own territory and has stepped up its military threats.
Speaking to reporters in Taipei, Kung said the ministry’s Geological Survey and Mining Management Agency would go to the United States to assess rare earths deposits there.
“Specifically, what rare-earth elements they contain and whether they are suitable. In other words, whether those are the rare earths we actually need. So we still need to investigate,” he said.
Given Taiwan does not mine such elements itself, it can instead play a role in refining the materials from other countries, Kung added.
“The technology is not an issue; the next step is scaling up,” he said.
Taiwan consumes 1,500 metric tons of rare earth annually, a figure projected to rise to 2,000 metric tons given economic growth, Kung added.
“Our goal is to expand production capacity to meet half of our demand by then, strengthening the supply chain.
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