Posted on 07/06/2025 8:28:38 AM PDT by delta7
Chinese mining acquisitions overseas have hit their highest level in more than a decade as companies race to secure the raw materials that underpin the global economy in the face of mounting geopolitical tension.
There were 10 deals worth more than $100 million last year, the highest since 2013, according to an analysis of S&P and Mergermarket data. Separate research by the Griffith Asia Institute found that last year was the most active for Chinese overseas mining investment and construction since at least 2013.
The country's huge demand for raw materials -- it is the largest consumer of most minerals -- means its mining companies have a long history of investing overseas. Analysts and investors say that the rise in dealmaking partly reflects China's efforts to get ahead of the deteriorating geopolitical climate, which is making it increasingly unwelcome as an investor in key countries such as Canada and the United States.
Michael Scherb, founder of private equity group Appian Capital Advisory, said there had been "more activity in the past 12 months because Chinese groups believe they have this near-term window. ... They're trying to get a lot of M&A done before geopolitics gets difficult." .…..
Experts in the field estimate China’s Gold reserves anywhere between 28, 000 tons to 40,000 tons….it makes our 8,000 tons rather puny.
Note: still waiting for Trump to audit our Gold reserves.
https://colombiaone.com/2024/07/19/colombia-chinese-company-lawsuit-mining/
“ China is becoming an increasingly prominent player, with its market driving mining production in Colombia and globally. Over the past two decades, Beijing has invested over US$2 billion in the Colombian mining and energy sector.
In 2021, Colombia’s entire copper production was exported to China, according to the government’s National Mining Agency.…”
…and it’s not just Gold, all minerals are being gobbled up.
...and with China owning the mines, whether we like it or not, they will be PROJECTING POWER around the world in a way we haven’t seen since the 1500s in order to protect their access to those resources. That means a HUGE NAVY and otherwise huge military.
...but I know, all that matters is Ukraine, right Zeepers?
It’s funny that during a communist revolution, it is common for “the means of production” to become “nationalized” and seized by the new communist government. Your ownership of the railroad? Your investment in mining equipment? Who cares? It all belongs to the government now, you greedy capitalist pig.
And now we see the government of China owning and investing in overseas means of production. It would be a shame if other nations suddenly said, “We’re just gonna take that”.
Governments selling their citizens birthright for a bowl of pottage.
Where have we read that story before?
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