China expands strategic mineral toolkit with new investment firm
Geopolitics · Mining.com ·
A new Beijing-backed mining investment vehicle aims to tighten China's grip on overseas resources as Western nations move to curb its dominance of the critical minerals supply chain. The state-backed firm is designed to standardize and improve oversight of China's international metals deals, building on more than a decade of expansion into Congo's copper and cobalt, global iron ore, and Indonesia's nickel industry.