China’s war chest could dissuade other bidders for Kalahari Minerals

“Imposing tariffs on Canadian mineral and metal exports to the US would run counter to the shared goals of secure and reliable supply chains,” the MAC said.

Canadian and Mexican exports unlikely to be cost-competitive and US would look elsewhere for 16% of its refined copper imports and 48% of semi-finished copper products.

The company said it will adjust its distribution network to answer to the geographical changes on global steel production.

China accounted for 48% of the world’s mined antimony last year, alongside 59.2% of global refined germanium production and 98.8% of refined gallium output in 2023.