China's Belt and Road Initiative Targets Critical Minerals to Bolster Tech Industries

Yolowire
Today at 12:51am UTC

China is intensifying its efforts to secure %CriticalMinerals essential for technological advancement through strategic partnerships under its Belt and Road Initiative (BRI). By investing heavily in resource-rich nations across Asia, South America, and Africa, Beijing aims to fortify its supply chain for key materials like %Lithium, rare earth elements, and cobalt—minerals vital for semiconductors, electric vehicle manufacturers like %NioInc (NYSE: $NIO), and renewable energy technologies.

The Geopolitical Play for Critical Minerals

The demand for critical minerals has surged in recent years due to the global transition to clean energy and digital infrastructure expansion. China, already a dominant player in the rare earths market, is leveraging the BRI to expand its access to these resources. Agreements with countries such as Indonesia, the Democratic Republic of Congo, and Argentina are helping China secure long-term supply contracts and gain control over vital mining and processing operations.