"Looking ahead, China could potentially utilize its powerful position in specific commodity markets as a strategic means for exerting economic and diplomatic influence."
The world has learned it's lesson well. Money as a weapon, instead of commerce.
My own country (Australia) has already signaled plans to fire up the Gallium mines. We are a mining powerhouse, so whenever Russia (Gas) or China (minerals) stops exports of a resource, we step up and profit.
Indeed you are, and fortunately Australia has the uranium reserves and responsibility to mine them. As China uranium ore is among the poorest quality in the world, they get 90% of their supply from Australia, Canada and Kazakhstan. If that is cut off they are in serious shit.
I'm looking at some numbers I can find online, and it says Kazakhstan was producing 43% of the world's uranium in 2019. Followed by Canada 13% and Australia 12%.
And now that Niger has banned exports of Uranium to France, there is a whole new market for China to enter into negotiations with. Niger was 5th in 2019, at 6%.
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Threska - Wednesday, August 2, 2023 - link
"Looking ahead, China could potentially utilize its powerful position in specific commodity markets as a strategic means for exerting economic and diplomatic influence."The world has learned it's lesson well. Money as a weapon, instead of commerce.
meacupla - Wednesday, August 2, 2023 - link
Always has beenStevoLincolnite - Wednesday, August 2, 2023 - link
Already biting them in the foot.My own country (Australia) has already signaled plans to fire up the Gallium mines.
We are a mining powerhouse, so whenever Russia (Gas) or China (minerals) stops exports of a resource, we step up and profit.
Samus - Thursday, August 3, 2023 - link
Indeed you are, and fortunately Australia has the uranium reserves and responsibility to mine them. As China uranium ore is among the poorest quality in the world, they get 90% of their supply from Australia, Canada and Kazakhstan. If that is cut off they are in serious shit.meacupla - Thursday, August 3, 2023 - link
I'm looking at some numbers I can find online, and it says Kazakhstan was producing 43% of the world's uranium in 2019. Followed by Canada 13% and Australia 12%.And now that Niger has banned exports of Uranium to France, there is a whole new market for China to enter into negotiations with.
Niger was 5th in 2019, at 6%.
sonny73n - Friday, August 4, 2023 - link
You're a fake news mouthpiece.