The PRC are systematically exporting its environmental and human rights issues down the" Belt and Braces Road " ( see eg the number of coal fired power stations built by PRC outside China )
Western nations are slow to respond to the short or long term objectives of the PRC aimed at control of all aspects of the critical minerals supply chain .
.IMO Until western govts universally direct that 'dirty " critical minerals are excluded from the supply chain the manipulation either by stockpiling or over production will cause critical mineral development outside the PRC sphere of influence , to lag The various US legislative policies go someway to reducing the impact of PRC policy .Other western governments need to adopt like legislation and force PRC to abandon its predatory dirty critical mineral policy of aimed at dominance of supply and crushing other development. To this end AU is on the right track but timing is everything The momentum of policy change in AU has a poor record Something more is needed to combat the $ power of PRC Whether "Made in Au " is good enough is yet to be tested . The silence of COB doesn't fill me with confidence.
COB Price at posting:
9.1¢ Sentiment: Hold Disclosure: Held
