China Touted Dominance in Global Mineral Reserves and Supply Chains
China announced it possesses the world's largest reserves of 14 essential minerals, including rare earths and graphite. The nation plans to accelerate mineral exploration through the end of the decade.
China is flexing its dominance over the global supply chain – claiming the world’s largest reserves of 14 essential minerals, including rare earths and graphite – while preparing to ramp up exploration through the end of the decade. The Ministry of Natural Resources disclosed the information at a monthly media briefing on Wednesday, vowing that China would continue accelerating its search for minerals during the 15th five-year plan period spanning 2026 to 2030. The message underscores Beijing’s....