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China's Mining Deals Surge, Sparking U.S. Concerns

7/7/2025

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Story summary
  • Chinese overseas mining acquisitions have skyrocketed in 2024, with 10 deals exceeding $100 million—the most since 2013. This aggressive pursuit of critical minerals for clean energy alarms the U.S. and its allies, as analysts caution that China is racing to secure vital resources before potential Western restrictions come into play.