Tag Archives: global supply chains

USA: Mining and Minerals Are Critical To National Sovereignty

Secretary of State Marco Rubio at President Trump’s Roundtable on American Mining

SECRETARY RUBIO:  Thank you, Mr. President.  Thank you for coming to the State Department.  We like this room a lot, too, and obviously don’t look back; there’s a painting up here.  Just don’t – (laughter) – uh-oh. 

PRESIDENT TRUMP:  (Inaudible.)  That’s a good one.  (Laughter.)  I’m taking it with me. 

SECRETARY RUBIO:  That – I shouldn’t have said anything.  But anyway, Mr. President, thank you for being here.  Thank you for your leadership on this topic.  It’s a challenge we face in this domain that actually goes to the very survival of the country, and thank you for giving it a priority in your presidency.  This has been going on for 25 years.  We’ve been walking away from the importance of this, and now we’re trying to make up for 25 or 30 years of mistakes under your presidency.  So, we appreciate your presidency valuing this when other presidents did not.

The group of people that are here today represent the whole-of-nation effort that’s involved in this.  It’s – because at the core of this is our industrial strength, but also our national sovereignty – that we never depend on other countries for things we need to prosper and to defend ourselves as a people.  And so, you’ll see here today, as you’ve already pointed out, we have leaders not just from government but from universities, from private industry, from students who are going to be the future of this industry. 

I wanted to briefly – very briefly – touch on what the State Department’s done.  Earlier this year we had a Critical Minerals Ministerial.  We brought in countries from all over the world to – and announced the creation of something called FORGE, which is an international partnership chaired by us in the United States to leverage public finance and coordinate diplomatic support to secure these supply chains around the world.  At that meeting, we signed 11 new critical minerals agreements with countries, adding to the ones that already existed.  Today, under your administration, we’ve already signed 27 critical mineral agreements with other countries.

Pax Silica

We also, under the leadership of someone who needs to be recognized, our Under Secretary Jacob Helberg – I don’t know if Jacob is here, but Jacob has been phenomenal.  He came up with something called Pax Silica, and it’s an initiative that leads our efforts to partner with the private sector and invest in mining and refining and in processing as well as the end-use applications of that. 

There’s still a lot of work left to do, but we at the State Department are willing to utilize our unmatched global presence, our presence all over the world, to ensure that we’re working on this.  And we’re committed to working with industry, with universities, with all the elements of our national power to bring this about.  And so, thank you, Mr. President, for prioritizing this, and I think we all look forward to working not just nationally but with our allies around the world to ensure that we have supply chains that are diversified and reliable and no country can ever hold this over our head and threaten us in the future.  Thank you.

Supplemental- What About Canada?

Canada signs over 20 critical mineral deals but faces $12-billion U.S. challenge to turn diplomacy into mines

Royal Gulf Industries To Fund UAE’s First EV Battery Recycling Centre

Will invest AED 62.4 million / $16.99 million USD / $21.82 million CAD on constructing UAE’s first used battery recycling centre in Ras Al Khaimah.

Ras Al Khaimah Economic Zone (RAKEZ) welcomed Royal Gulf Industries, a state-of-the-art lead acid battery recycling company, to its dynamic industrial ecosystem. A subsidiary of Hyderabad Castings Limited and part of Nakhat Group, the new company is set to invest AED 62.4 million (USD 17 million) to construct the UAE’s first environment-friendly automotive battery recycling centre on approximately 110,000 ft2 of land at Al Ghail Industrial Zone. Royal Gulf Industries will employ more than 150 people in its facility, which is set to be ready in the fourth quarter of 2022.

The company aims to recycle up to 35,000 metric tonnes of used lead acid batteries annually.

This will produce 21,500 tonnes of lead ingots and 2,400 metric tonnes of plastic granules. Both of these materials will be largely exported to India, Japan, Korea, China and Europe for the manufacturing of new lead acid batteries and cases. This activity accounts for recycling around 58% of the lead acid battery scrap generated in the UAE.

Ramy Jallad, Group CEO of RAKEZ, and Yogesh Nakhat Jain, Managing Director of Royal Gulf Industries, marked the beginning of the recycling unit’s construction during a recent signing ceremony held between the two parties at the RAKEZ Compass Coworking Centre.

Toshiba Lead Acid EV battery.

“We are very excited to start our journey in the UAE, where we will be fully recycling battery waste in an environment-friendly way. We aim to collect waste batteries not just from the UAE, but also import from around the world to make Ras Al Khaimah a hub for recycling” said Hanuman Mal Nakhat, Chairman of Royal Gulf Industries.

Discarded batteries are a gold mine for prospective recyclers.

“RAKEZ has supported us every step of the way in turning this massive project into a reality. Our customer experience so far has been excellent as we have received support not just for our company registration, but also for developing our business in the UAE. From liaising with government entities, including Environment Protection and Development Authority, RAK Municipality, Waste Management Authority and Ministry of Industry and Advanced Technology on our behalf to secure the relevant approvals, to hosting us during our visits to Ras Al Khaimah in the past three years of planning the company’s set-up formalities. The team also helped us find the right suppliers and connect with construction companies. We are confident that RAKEZ will continue to play a crucial role in the fulfilment of our vision by offering us all the assistance and support during our business journey,” he added.

Jallad said: “We are glad to be the chosen base for Royal Gulf Industries’ pioneering recycling facility in the UAE. Ras Al Khaimah’s leadership has been striving for environment sustainability. Hence, Royal Gulf Industries, along with other RAKEZ companies in the closed-loop supply chain complement the emirate’s efforts.” He added, “These companies boost the country’s non-oil GDP and advance the national sustainability agenda. We are committed to support their goal of making an impact in the planet through our nurturing and collaborative industrial ecosystem.”

In its second phase spanning three years, Royal Gulf Industries plans to invest about AED 125 million / $34.03 million USD / $43.71 million CAD and create 350 jobs in Ras Al Khaimah. The company also aims to make the UAE a hub for recycling metals, creating global supply chains.