"What else do you have to do that will actually have to affect the Iranians' calculus?" said Amos Hochstein, who served as U.S. special envoy for international energy affairs...World Politicsread more
Reports of tensions may have been sparked by Kraft Heinz's underperformance, and because of accounting problems at the packaged goods company.Investingread more
The leaders of Japan and China got off to a tense start but have made significant progress in turning around their relations in recent years.Asia Politicsread more
Tech's hottest IPOs of the year, including Beyond Meat and Zoom, dropped on Monday, falling more than the broader market.Technologyread more
Citi Private Bank says it has maintained an "overweight" stance on stocks in China, Hong Kong, Taiwan and South Korea.Asia Marketsread more
FedEx sued the U.S. government, saying it should not be held liable if it inadvertently shipped products that violated a Trump administration ban on exports to some Chinese...Traderead more
SpaceX used its high speed boat called "Ms. Tree" to catch the nosecone its Falcon 9 rocket after Monday's launch.Investing in Spaceread more
Stocks in Asia slipped on Tuesday, while investors looked toward a meeting between U.S. President Donald Trump and Chinese President Xi Jinping set to happen later in the...Asia Marketsread more
A week of dovish fireworks out of the central banking community has just gone by with most of the world's leading central banks now guiding towards easing in light of downside...Commentaryread more
"We do not seek conflict with Iran or any other country," Trump tells reporters in the Oval Office.Politicsread more
Chinese Vice Premier Liu He held a phone conversation with U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven Mnuchin, China's Ministry of Commerce...World Economyread more
growth@ (Adds more comments from CEO, background)
CHICAGO, June 6 (Reuters) - With China threatening to curb exports of rare earth minerals, Lynas Corp is making an aggressive push for fresh business across the globe and billing itself as the best option for its customers to tap diversified supplies of the specialized materials.
While Australia-based Lynas cannot match China's rare earths processing capability, it is hoping that its role as the largest rare earths miner and the largest processor outside of China will help it forge new relationships and fuel expansion projects.
China last month warned it may curb exports to the United States of rare earths, a group of 17 minerals used in a plethora of military equipment and high-tech consumer electronics.
"We are truly independent from China," Lynas Chief Executive Amanda Lacaze told the Argus U.S. Specialty Metals conference in Chicago on Thursday. "We aim to remain a leader in the rare earths market. There will be significant growth outside China so long as customers are confident in supply."
China is home to at least 85% of the world's capacity to process rare earth ores into material that manufacturers can use, with Lynas having about 11%, according to research firm Adamas Intelligence.
Lynas last month signed a memorandum of understanding to build a rare earth processing facility in Texas with privately held Blue Line Corp.
Blue Line executives have declined to say how much the project will cost or forecast its processing capability, and it is not expected to open for several years.
Still, Lacaze described the project as a key for Lynas to fill a "gap" in the U.S. rare earths market.
"We know that being close to our customers helps us to innovate with them," said Lacaze, a former telecom marketing executive who became the company's CEO in 2014.
"We never want our customers to maintain a relationship with another supplier."
(Reporting by Ernest Scheyder Editing by Phil Berlowitz)