Business | Dig, baby, dig
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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From the November 2nd 2024 edition
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