AGP Executive Report
Last update: 6 hours agoCritical Minerals: Taiwan’s ITRI plans a rare-earth demonstration plant producing up to 500 tonnes a year, targeting half of domestic demand by 2030. Construction is slated to finish in 2028, as China’s export controls raise supply-chain concerns. TSMC is also seeking factory-equipment alternatives that avoid Chinese rare-earth components. Storm Disruption: Typhoon Champi killed one person and injured 527, cut power and forced widespread shutdowns, including the suspension of stock trading and nearly 1,000 flight cancellations. Factory Momentum: September industrial production rose 19% year on year, extending growth to 31 consecutive months, while manufacturers’ business sentiment reached a multi-year high. Workplace Safety: TSMC halted work at a Kaohsiung construction site after four workers were killed.
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