Earth’s 1st Asteroid Mining Prospector Heads to the Launchpad

Earth’s 1st Asteroid Mining Prospector Heads to the Launchpad

A private company is aiming to heave a microwave oven-size spacecraft toward an asteroid later this week, its goal to kick off a future where precious metals are mined around the solar system to create vast fortunes on Earth. “If this works out, this will probably be the biggest business …

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How Ukraine Pitched Trump on a Deal for Critical Minerals

How Ukraine Pitched Trump on a Deal for Critical Minerals

To Ukraine, they are a chit to play in an ongoing appeal to President Trump for more financial and military support. To Mr. Trump, they should be overdue payment for billions of dollars committed to Kyiv’s war effort. Either way, Ukraine’s vast and valuable mineral resources have suddenly become a …

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Steel and Aluminum Tariffs May Raise US Manufacturing Costs

Steel and Aluminum Tariffs May Raise US Manufacturing Costs

America has seen this movie before: President Trump, who imposed stiff tariffs on Monday on imported steel and aluminum, did so once before, in 2018. So domestic industries have a pretty good idea of how the story ends. Manufacturers of trucks, appliances and construction equipment scramble to find U.S. sources …

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2 Families, in Business 50 Years, Fight for Control of Korea Zinc

2 Families, in Business 50 Years, Fight for Control of Korea Zinc

When two longtime business partners established a subsidiary 50 years ago to make zinc out of an industrial complex set up by South Korea’s government, they settled on an unusual division of power. The new venture, Korea Zinc, would be managed by the Choi family. The existing parent company, Young …

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Emeralds for Sale: The Taliban Look Below Ground to Revive the Economy

Emeralds for Sale: The Taliban Look Below Ground to Revive the Economy

In a chilly auditorium in Afghanistan, heaps of freshly mined green emeralds glowed under bright table lamps as bearded gemstone dealers inspected them for purity and quality. An auctioneer asked for bids on the first lot, which weighed 256 carats. With that, the Taliban’s weekly gemstone auction was underway. These …

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