China stainless steel mogul fights to avoid a second collapse
A debt crisis is threatening the future of one of the world’s top stainless steel producers, Jiangsu Delong Nickel Industry.
Business Insider has a photo essay profiling a rare earth mine in China.
The pictures show a mine that is under-capitalized and labour intensive.
China has tied up 95% of the world’s supply of rare earth since it has been able to undercut everyone else with cheap labour and lax environmental regulations.
