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Stockpile

All articles tagged with #stockpile

world3 months ago

Pentagon Initiates $1 Billion Critical Minerals Stockpile to Counter China

The Pentagon plans to acquire up to $1 billion worth of critical minerals to reduce US dependence on China, especially following China's export restrictions on rare earths and other metals crucial for defense and technology industries. This move is part of a broader strategy supported by the Trump administration's legislation to bolster domestic supply chains and stockpiles, including metals like cobalt, antimony, tantalum, and scandium, and potentially seabed minerals, aiming to safeguard against supply disruptions during geopolitical tensions.

via Mining.com|
#china#critical-minerals#geopolitics
world3 months ago

Pentagon Plans $1 Billion Critical Minerals Stockpile to Counter China

The Pentagon plans to purchase up to $1 billion in critical minerals, including cobalt, antimony, and tantalum, to stockpile amid China's recent export controls on rare earths and key materials, which are vital for defense and technology manufacturing. This move is part of broader geopolitical tensions, with the US responding to China's dominance in rare earth production and recent trade threats from the US.

via Bloomberg.com|
#china#critical-minerals#export-controls
international-relations2 years ago

Russia's Winter Missile Stockpile Raises Concerns: UK

The UK Ministry of Defense (MoD) has warned that Russia is likely amassing a significant stockpile of air-launched cruise missiles (ALCMs) for potential winter strikes on Ukraine, targeting Ukrainian infrastructure. Reports suggest that Russia's defense industry is facing challenges in replacing basic supplies and rebuilding its stocks of precision weapons. Despite claims of conserving its missile stockpile, Russia has continued to launch large-scale missile attacks on Ukraine, with the latest attack in Kostyantynivka resulting in the deadliest strike on a Ukrainian civilian target since January. The Ukrainian General Staff reported that Russia has lost 1,455 cruise missiles since the start of the war in February 2022.

via Newsweek|
#air-launched-cruise-missiles#international-relations#russia
defense2 years ago

"U.S. Eliminates Final Remnants of Vast Chemical Weapons Stockpile"

The United States is in the final stages of destroying its vast stockpile of chemical weapons, with the last remaining weapons set to be eliminated in the coming days. The stockpile, built up over generations, included artillery shells filled with deadly mustard agent and tanks of poison. The destruction process has taken decades and cost close to $42 billion, significantly over budget. While the elimination of publicly declared chemical weapons is a significant milestone, some nations never signed the treaty and others, like Russia, may have retained undeclared stocks. Additionally, rogue states and terrorist groups continue to use chemical weapons.

via Yahoo News|
#chemical-weapons#defense#destruction
business2 years ago

Adidas to Sell Yeezy Shoes and Donate Proceeds to Charity

Adidas plans to sell its unsold Yeezy shoes and donate the proceeds to charity after cutting ties with Kanye West over his antisemitic remarks. The company considered destroying the shoes but ultimately decided against it. The details of the selloff and which organizations will receive donations are still being worked out. The decision to not sell the existing Yeezy merchandise cost Adidas nearly $1.28 billion in revenue and $533 million in operating profit for the full year.

via NPR|
#adidas#business#charity
military2 years ago

Russia Fires New Cruise Missiles at Ukraine in Overnight Strike

Newly-produced Russian cruise missiles have been used against Ukraine, indicating that Russia's stockpile of munitions has become so thin that weapons are being used in the war just a few months after assembly. The discovery implies that Moscow is facing serious stockpile issues and increased production pressure that "might not be indefinitely sustainable." The news comes as Britain warns Russia is trying to rebuild its cruise missile stockpile.

via Breaking Defense|
#cruise-missiles#military#russia