China to invest in Canadian mining despite crackdown, envoy says
Ambassador Cong Peiwu said the Canadian government is “wrong” to prevent Chinese investors from buying majority stakes in domestic mining companies, like it did in 2022.
IDTechEx forecasts that graphite will remain the most widely used anode material in Li-ion batteries through the medium term with demand exceeding 2 million tonnes by 2029.
China is expected to continue building its influence over key minerals such as lithium and cobalt across the developing world, according to S&P Global.