Link to article on Critical Metals (from 3 August 2023):China To...

Link to article on Critical Metals (from 3 August 2023):

China To Defend Its Strong Position In Critical Metal Supply Chains | OilPrice.com


Excerpt:

As the technology war between China and the West escalates and the energy transition progresses, China is boosting investments in critical minerals overseas as part of its Belt and Road Initiative (BRI), aiming to secure more raw materials for batteries and solar panels.

While the United States and the EU are looking to forge alliances to counter China’s dominance in the supply chain critical for the energy transition, China is investing billions of U.S. dollars in minerals and metals supply and processing in Africa, Latin America, and the Middle East.

The Chinese grip on the critical minerals markets is set to increase, some analysts say, despite the efforts of the U.S. and the EU to diversify their electric vehicle (EV) and renewables supply chains.

A new report showed this week that China is intent on defending its already huge global market share in those supply chains.