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Stock impact report

Beijing Spends $120 Billion to Lock Down Critical Minerals Worldwide [Yahoo! Finance]

Freeport-McMoRan, Inc. (FCX) 
Last freeport-mcmoran, inc. earnings: 4/24 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
think tank Climate Energy Finance (CEF) has reported . The investments primarily targeted lithium, copper, nickel and rare earths, critical minerals essential for clean energy and decarbonization technologies. However, whereas these investments have helped boost clean energy industries in developing countries, they have raised serious concerns, including debt risks. Chinese firms are aggressively investing in overseas resource processing and infrastructure such as ports, rail and energy infrastructure, securing long-term resource access and controlling key supply chains while reducing China's reliance on traditional suppliers. China is the global leader in processing key clean energy minerals, including 90% of rare earth refining, 90% of battery components and 60% of lithium processing. Related: The Invisible Metals Powering a Trillion-Dollar Economy China has a particularly strong presence in Africa's minerals sector. Back in 2023, China's CMOC Group, in partnership with Contem Show less Read more
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