The United States has a leading position in the semiconductor industry, but this position has been eroding, especially with respect to domestic manufacturing and advanced packaging, according to a report from the US Department of Energy. Globally, the semiconductor market was valued at $553 billion in 2021, up
Major lithium producers SQM, FMC and Albemarle are ramping up production, but such efforts are expected to fall short of looming demand, Barrel Energy noted. Goldman Sachs predicted that market consumption could very well triple current production by 2025. Just a 1% increase in electric vehicles could increase
A report released by the World Bank analyzed the distance of Mexico‘s imports and exports from the country’s ports and airports. In general, exporting companies in Mexico show an average distance to ports and airports that is more than 10 times greater in relation to importing companies, which
Mexican exports show a «very low» dependence on domestic upstream sectors in all broad export sectors, a report published by the World Bank indicated. In contrast, Mexico has a strong backward participation in Global Value Chains (GVCs). Indeed, the initial or upstream sectors (indirect national) only contribute 25%
World demand for magnesium is around 1 million metric tons per year, according to Luxfer Holdings PLC. China provides about 80% of the world’s supply of this mineral. However, Western production is significant, from North American suppliers such as Dead Sea Magnesium in Israel, RIMA Industrial in Brazil,
Global coal production increased about 4% in 2021, to about 8 billion metric tons, according to the International Energy Agency (IEA) and estimates by Arch Resources. For background: Coal is mined globally using various surface and underground recovery methods. Above all, coal is used for the production of