Chile has moved to take state control of important lithium projects in an attempt to develop its vast resources of the critical electric car battery metal after decades of two industry leaders dominating production. But mining executives and analysts believe the strategy unveiled last month will have the opposite effect, further eroding the attractiveness of the world’s second-largest lithium producer as an investment destination, to the benefit of Australia, Argentina and several African countries. The move brings Chile somewhat closer to fellow Latin American countries Bolivia and...…Chile has moved to take state control of important lithium projects in an attempt to develop its vast resources of the critical electric car battery metal after decades of two industry leaders dominating production. But mining executives and analysts believe the strategy unveiled last month will have the opposite effect, further eroding the attractiveness of the world’s second-largest lithium producer as an investment destination, to the benefit of Australia, Argentina and several African countries. The move brings Chile somewhat closer to fellow Latin American countries Bolivia and...WW…

The global chip and smartphone industries are bracing for severe disruption after the US launched tougher sanctions against Huawei that some said could mean “death” for the company.Washington said on Monday that no company worldwide would be allowed to sell semiconductors made using US software or equipment without a license if Huawei was involved at any stage of the transaction.The move closed a loophole in a May version of the rule that allowed Huawei to buy off-the-shelf chips if they were not custom-made to its designs.Observers said given the dominance of US tools in certain segments...…The global chip and smartphone industries are bracing for severe disruption after the US launched tougher sanctions against Huawei that some said could mean “death” for the company.Washington said on Monday that no company worldwide would be allowed to sell semiconductors made using US software or equipment without a license if Huawei was involved at any stage of the transaction.The move closed a loophole in a May version of the rule that allowed Huawei to buy off-the-shelf chips if they were not custom-made to its designs.Observers said given the dominance of US tools in certain segments...WW…