TOKYO -- China's dominant position in refining and processing raw materials is making the nation a strong competitor in the global fight for mining assets, the International Energy Agency said on Tuesday, as governments and companies rush to diversify supply chains for critical minerals and stably meet demand for key clean technologies including renewables and electric vehicle batteries.
Commodities
China joins global hunt to diversify mineral supplies: IEA
Dominance in refining, processing makes it strong competitor for mining assets
China is the top producer of processed copper, cobalt, lithium, graphite and rare earths, and the second largest processor of nickel after Indonesia, according to an International Energy Agency report. (Source photos by AP and Reuters)
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