One or two contributing factors to that WAS. The third one is a heads up.
https://www.aiddata.org/blog/chasing-copper-and-cobalt-chinas-mining-operations-in-peru-and-the-drc
https://globalvoices.org/2024/10/11/a-chinese-mining-company-relocated-a-whole-peruvian-town-now-they-are-struggling-to-survive/
https://www.cnbc.com/2025/12/31/china-silver-export-controls-2026-us-economy-prices-rare-earths-critical-minerals-xag-metals.html
The black hole of the Belt and Road.