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Pax Sinica vs Pax Silica: how China-US mineral war is taking shape (www.scmp.com)

submitted 1 month ago by rss@news.abolish.capital to c/china@news.abolish.capital

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If 2026 were a chess match, critical minerals would be the opening gambit, and both China and the United States are going all out. On January 28, China’s Zijin Mining announced a US$4 billion takeover of Allied Gold’s three African mines. On February 3, Swiss mining giant Glencore entered talks to sell a 40 per cent stake in its Democratic Republic of Congo (DRC) copper and cobalt operations to the US-backed Orion Critical Mineral Consortium. Between the two announcements, US Secretary of State...

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