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  • Writer's pictureLeonardo Lara

China to hit record in metals and mining investment overseas

Chinese metals and mining investments overseas are set to reach record levels in 2023, surpassing $10 billion in the first half of the year with a 131% YoY growth. These investments are part of the Belt and Road Initiative (BRI) and reflect China's aim to dominate critical mineral supply chains. 

Battery metals, especially lithium, are of particular interest to Chinese investors. The energy sector received the majority of BRI investments, with solar and wind taking up 41% and hydropower 14%. 

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