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 https://www.alcircle.com/news/2023-may-mark-a-record-year-for-china-s-metal-sector-investments-overseas-97733.
* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.
