2021年11月22日
China is winning the race for minerals
The New York Times
Your Monday Briefing
November 22, 2021
China is winning the race for minerals
As the world’s largest economies shift to cleaner energy, minerals and metals needed in batteries are replacing oil as the target in the global race for energy dominance.
Cobalt is one of the most important of those materials, and more than two-thirds of the world’s supply comes from the Democratic Republic of Congo. After the U.S. failed to safeguard decades of diplomatic and financial investments in Congo, state-backed Chinese businesses now control the world’s largest supply.
A Times investigation found that 15 of the 19 cobalt-producing mines in Congo were owned or financed by Chinese companies, some of which were accused of withholding payments and ignoring promises to their Congolese partners.
What’s next: The U.S. is now trying to play catch-up, pressing for access to cobalt supplies from allies including Australia and Canada, according to a national security official with knowledge of the matter.
Background: The American president’s son, Hunter Biden, was part owner of a firm that helped facilitate a Chinese company’s purchase of one of the world’s richest cobalt mines from a U.S. company.
Courtesy of The New York Times
Cambridge Dictionary Search Boxをご用意しましたので、英単語の検索にご利用ください。
Courtesy of Cambridge Dictionary
Your Monday Briefing
November 22, 2021
China is winning the race for minerals
As the world’s largest economies shift to cleaner energy, minerals and metals needed in batteries are replacing oil as the target in the global race for energy dominance.
Cobalt is one of the most important of those materials, and more than two-thirds of the world’s supply comes from the Democratic Republic of Congo. After the U.S. failed to safeguard decades of diplomatic and financial investments in Congo, state-backed Chinese businesses now control the world’s largest supply.
A Times investigation found that 15 of the 19 cobalt-producing mines in Congo were owned or financed by Chinese companies, some of which were accused of withholding payments and ignoring promises to their Congolese partners.
What’s next: The U.S. is now trying to play catch-up, pressing for access to cobalt supplies from allies including Australia and Canada, according to a national security official with knowledge of the matter.
Background: The American president’s son, Hunter Biden, was part owner of a firm that helped facilitate a Chinese company’s purchase of one of the world’s richest cobalt mines from a U.S. company.
Courtesy of The New York Times
Cambridge Dictionary Search Boxをご用意しましたので、英単語の検索にご利用ください。
Courtesy of Cambridge Dictionary
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