There is a change of direction, which may be of crucial importance, as strong demand is expected to occur on certain metals when the sales of electric cars are growing strongly.
mining Companies with owners from the united kingdom, Australia and the united states has still of the greatest assets of the sought after metals. But the aggressive chinese companies, according to experts in the industry, difficult for them to maintain their positions.
the study included a Total of chinese enterprises in 2018 agreements with foreign mining companies, which included over sek 60 billion, according to the finansanalysföretaget to Dealogic.
during last year up deposits in widely different parts of the world like Chile, Serbia and the Democratic republic of Congo, reports the Financial Times.
the largest chinese acquisition was the company Tianqi Lithium, which in may paid more than the equivalent of 36 billion dollars for a quarter of the shares in a litiumgruva in Chile. It meant that the chinese company in a kind laid in almost half of the world’s production of lithium, which is a crucial ingredient in the manufacture of automotive batteries.
the government of Chile, which had the power to prevent the purchase, expressed doubt before the agreement was finished. The concerns dealt with how the world market can be distorted by the chinese company’s large market share.
in Beijing into the picture and warned Chile to stop the agreement. They have threatened that it could affect the countries ‘ bilateral relations.
another chinese mining company, Zijin Mining, began mining in the gold and copper mines at home in the province of Fujian in the southwest of China, but has in recent years become an avid purchaser of the foreign shares in the copper and zinkfyndigheter.
How eager, of course, to the company in september invited about 30 percent more than competitors for a 57 percent stake in the canadian company, reports the Financial Times.
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