Chinese investment in foreign metals and mining set record in 2023, reflecting strategic focus on strengthening supply chain for EV, solar, wind energy; H1 investment in nickel, lithium, aluminum, copper, uranium, steel, iron projects estimated at US$10B

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August 3, 2023 (press release) –

Chinese investment in foreign metals and mining hit record in 2023 as it focuses on maintaining leadership in EVs, solar panels, and wind turbines, reports AlCircle. Chinese companies have been seen investing in nickel, lithium, aluminum, copper, uranium, steel, and iron projects. A Fudan University study estimates that, in H1 2023, new contracts and investment by Chinese companies in these projects are worth $10 billion, surpassing the total for 2022, reflecting China's growing attempt to secure resources essential to a robust clean technology supply chain, amid rising global demand for climate solutions.

Industry Intelligence editor's note: Information originally published in AlCircle Newsletter. To view the full article, please visit

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