📝 70+ critical minerals agreements signed since 2021. More than 60% are non-binding. The paper clearly moves faster than the ore. A binding offtake needs a price, a volume, a delivery schedule, and a penalty clause. Most of what's being signed has none of those. The Novonix-Stellantis and VHM-Shenghe contract failures had the same root cause: the specification in the contract didn't match what was actually being produced. Both contracts failed at the specification stage. The data wasn't there. China still controls midstream across rare earths, lithium, cobalt, and graphite. @UNCTAD's June 2026 data confirms the concentration numbers haven't moved. 📊 The gap between what ministers sign and what refineries process is the central problem in critical minerals right now. The latest edition of Material Evidence digs deeper into the hard truth of the month. Email subscription link in the comments. 👇

📉 China’s lithium carbonate stocks: 78,800 tonnes. Then about 175,000, under Shanghai Metals Market’s new counting method. Futures fell more than 14% in three days. 🔗Read Material Evidence: bit.ly/4yiO5k4 Subscribe Material Evidence 👇

"What makes an aircraft fly? First of all, money. And second of all, paper." Actuary Peter Keutgens on why handwritten maintenance records erode trust when an aircraft changes hands, and how to fix it. New episode of The Future of Trust 👇 #TheFutureofTrust #TFOT

📉 Dysprosium oxide: ~$3,500/kg in Europe, ~$215 in China. Same oxide, about 16x the price. Washington says the US-China truce runs to January 10. As of Sept 25, Beijing hadn't matched it. 🔗Read Material Evidence: lnkd.in/p/dX5w-UtN Subscribe link 👇

This week's Material Evidence drops soon. Swipe through for a preview of what's in it! 👉

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"When you're around a hazard every day, you become so accustomed to it that your idea of normal changes." New episode of The Future of Trust: Oneza Zaim on why trust is built in the details most people stop seeing. 👇 Links to the full episode in the comments.

This week's Material Evidence drops soon. Swipe through for a preview of what's in it! 👉

Export tungsten (APT) out of China: $2,600-3,250/mtu. Domestic buyers pay $1,200-1,300 for the same material. China's export licensing regime is setting that spread. 🚧 More in this week's Material Evidence. Subscribe, link in the comments 👇

This week's Material Evidence drops soon. 👉 Swipe through for a preview of what's in it!

This week's Material Evidence is out now. Swipe through for a look at what's inside! Link to subscribe in comments. 👇

Copper hit a record price this month. Not because a mine went offline. Because of a tariff that hasn't been signed yet. Rare earths are already moving on a China export control that doesn't take effect until Nov 10. Subscribe to Material Evidence. Link in the comments.

190 of 195 countries carry debt with no real repayment plan. @Forson , President of @DeFiTechGlobal , says that means you're already a shareholder in it, whether you know it or not. 👇 New episode of The Future of Trust, link in the comments.

Mineral supply didn't move on what's in the ground this week. It moved on paperwork: one missing permit holding back 3-4% of global lithium supply, and a tailings facility monitoring called inactive weeks before it failed. 🚧 Subscribe to Material Evidence. Link in the comments.

Lithium, copper, rare earths. What actually moved this week, and what only looked like it did 📈 The five prices you'll be asked about tomorrow. Read it first! Material Evidence drops later today 🗓️

Treasury and USTR endorsed reference prices for six critical minerals on August 7. S&PGlobal hasn't published a data source, a sensitivity range, or a verification process for any of them. That number is set to anchor a G7 price floor. Buyers, lenders, and Inflation Reduction Act (IRA) 45X qualification will all rest on a figure nobody outside S&P Global can independently check. 🚧 Governments have done this before with ESG scores: a respected name publishes a figure, and it gets treated as fact the moment a policy timeline needs it. 📊 This week's Hard Truth traces how the same pattern is repeating with critical minerals, what it costs operators negotiating against an unaudited benchmark, and what would have to change before the number can be trusted. What would it take for a reference price to actually earn the market's trust? Share your thoughts! 👇 Read the full edition 👉 linkedin.com/feed/update/urn… 🔗 Subscribe to Material Evidence: mailchi.mp/demia.net/20pg0b0…

Every system that asks for your data claims it's for your own good. @raidosaar helped build Estonia's digital ID system, built to give citizens control over who sees their data and why. Where do you draw the line? New episode of The Future of Trust 🎙️