Category: Mining
Cook Islands PM Defends China Pact
The Cook Islands' prime minister on Tuesday defended a new partnership pact with China and urged his country not to depend on handouts from "big brother" New Zealand. Prime Minister Mark Brown said the accord signed with Beijing offers his small ...
Mining Giant BHP Says Demand Strong as China Recovers
Australian mining giant BHP reported strong demand for its output Tuesday despite global trade and economic uncertainties, citing early signs of a recovery in China. Sales of key commodities iron ore, copper, and steel-making coal all increased by volume year-on-year in ...
Why Trump’s Decision to Axe the FCPA Isn’t Going to Help U.S. Business as Much as He Thinks
In a bold and undoubtedly controversial move, U.S. President Donald Trump suspended enforcement of the Foreign Corrupt Practices Act (FCPA), a law prohibiting U.S. companies from engaging in bribery abroad. The president framed the decision as a way to boost the competitiveness of U.S. companies—particularly those battling ...
Cook Islands PM Talks Ocean Minerals with China
Mark Brown, the Prime Minister of the Cook Islands, said he held talks on marine conservation and ocean exploration during his visit to China this week. His cabinet expressed confidence in the new cooperation treaty he is scheduled to sign with China on Friday. New Zealand complained that the ...
China Battery Giant CATL Starts Hong Kong Listing Process
Chinese battery giant CATL started the application process on Tuesday to be listed in Hong Kong and named seven banks as overall coordinators, according to stock exchange filings. CATL, which produces more than a third of the EV batteries sold worldwide, ...
The Long Game: China’s Strategy for Cobalt and Critical Resources
By Géraud Neema and Eric Olander In the world of critical minerals, where prices fluctuate wildly and geopolitical tensions loom large, China may be demonstrating a mastery of long-term strategic planning. At a time when cobalt prices have plummeted to just ...
[WEEK IN REVIEW] Who Gets to Tell the China-Africa Story?
Chinese engagement in Africa is seen by many people as a classic example of neo-colonial exploitation. China, according to the narrative, is merely the latest in a long line of predatory foreigners seeking to drain the continent's vast reserves of oil, ...
Nigeria’s Lithium Boom: Chinese Buyers, Local Struggles, and a Global Race
By Leslie Fauvel At an open-cast mine, Abdullahi Ibrahim Danjija carefully chisels away at a hunk of whitish rock before stuffing a sack with the pieces that break off the walls. In the course of ...
Cobalt Prices Sink to New Record Low Amid Chinese Production Surge
The price of cobalt, a key metal used to manufacture electric vehicle batteries, dropped to its lowest point in nearly a decade last week amid mounting concerns that Chinese companies are flooding the market. Despite persistently low prices, CMOC Group, the world's ...
China in the Lead as Taliban Opens Afghanistan’s Mining Sector
By Claire Gounon A miner in the mountains of eastern Afghanistan poured water over a block of jade, exposing the green stone that is part of the Taliban authorities' push to capitalize on the country's rich mineral resources. ...
Tracking Chinese Mineral Engagement Along the Belt and Road
China’s centrality in the global critical minerals sector is frequently bemoaned in Western capitals, but what’s less understood is how China got there. A new report by AidData, a research center at the College of William and Mary, came out this week and tracks mineral-related deals ...
The Persistent China-Africa Trade Imbalance — Is It China’s Fault?
Every year, trade figures between China and Africa highlight a significant imbalance. While Chinese authorities celebrate the growing volume of trade – $295 billion in 2024, compared to $282 billion in 2023 – African leaders have legitimate concerns about a trade deficit heavily skewed in China’s ...