Markets

China expands overseas mining stakes, tightening grip on critical minerals

Summary

China is increasing its ownership of foreign mining assets by utilizing state-supported entities and government agencies. This strategy allows the country to secure vital metals while maintaining its dominant position in processing technologies.

Beijing is building a system of agencies and state-backed vehicles to own more of the metals it depends on, while keeping its edge in processing skills.

Source: Read the full story at US Top News and Analysis

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