CHARTS: The coming critical minerals trade war is BRICS short of a load
"While a large number of countries around the world continue to talk about securing raw material supply, China is actually doing something about it."
Mining giants warned Australia on Wednesday that its planned carbon-reduction scheme could cost the industry as much as $25 billion through 2020, cut coal production by a third and send investment in that sector tumbling 13 percent.
“Australia is walking the plank,” Seamus French, who runs the coal division of miner Anglo-American Plc , told a conference, a day after the Australian government’s climate-change adviser suggested how carbon emissions should be taxed.
