SCO & BRICS latest news and insights
By Rhod Mackenzie
Rosatom's Mining Division has developed a technology for the separation of collective rare earth metal (REM) concentrates. This will fill in the missing link in the technological chain of rare earths production.
Production is planned to be organised at the Solikamsk Magnesium P...
By Rhod Mackenzie
The General Administration of Customs of the People's Republic of China has registered three Russian pork production companies and authorised the export of pork products from Russia to China from 28 February 2024. Goods produced after the registration date will be accepted for de...
By Rhod Mackenzie
The new US sanctions will cause the already closed grey fleet that transports Russian oil to become even more restricted, further disrupting the global tanker market. and causing more chaos in the already chaoic sector.
The number of tankers in the grey fleet, which carries san...
The BRICS countries, led by Russia, are considering creating their own foreign trade settlement system based on blockchain. This could be economically profitable and politically safe, as it would make the BRICS countries less dependent on the decisions of Western politicians.
The BRICS countries...
By Rhod Mackenzie
The Russian gold mining industry, whose major players are all subject to US sanctions, is reorganising its exports by introducing intermediaries into the supply chain. According to a representative from Yuzhuralzoloto, the decrease in margins is insignificant. This is because, te...
By Rhod Mackenzie
TotalEnergies Vice President for Asia, Thomas Morisse, predicts that demand for liquefied natural gas (LNG) will increase in 2024, driven by China and Europe.
Morisse stated at an energy conference, as reported by Reuters, that "(Demand for) LNG will continue to grow. Europe is...
