Beijing wants to safeguard supply of key strategic resources, including iron ore. Photo: Getty Images
Beijing wants to safeguard supply of key strategic resources, including iron ore. Photo: Getty Images
Commodities

China vows greater iron ore self-sufficiency as ‘deglobalisation tide’ and coronavirus expose mineral supply risks

  • In the 2021-25 raw material development plan, Beijing says iron self-sufficiency will be ‘significantly’ increased
  • China will also optimise the annual quota mechanism for the production of rare earth, tungsten and other minerals

Beijing wants to safeguard supply of key strategic resources, including iron ore. Photo: Getty Images
Beijing wants to safeguard supply of key strategic resources, including iron ore. Photo: Getty Images
READ FULL ARTICLE