China is tightening its grip on the world’s minerals
That is making Western policymakers anxious
To decarbonise the global economy and build the data centres needed for ever smarter artificial-intelligence models, the world will need lots of minerals. China wants first dibs. Last year its companies ploughed roughly $16bn into mines overseas, not including minority investments.
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This article appeared in the Business section of the print edition under the headline “Dig, baby, dig”
Business November 2nd 2024
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- China is tightening its grip on the world’s minerals
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