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Investment by China in metals and mining, through its Belt and Road Initiative (BRI), hit new records of US$21.4 billion in 2024, an increase of 10% compared to 2023.
According to a new report by Griffith Asia Institute, the mining sector was the second largest sector with about
17.6% of the BRI overall engagement.

Engagement was particularly focused across West and Central Africa, Bolivia and Chile in Latin America, and Indonesia. Metals and minerals include coal, copper, nickel, cobalt.
When comparing construction and investment in different sectors, the report notes, it becomes clear that in mining and technology, Chinese firms are increasingly prioritizing equity investments, despite the higher risks involved.
For 2025, further stabilization of Chinese BRI engagement is expected with a strong focus on BRI country partnerships in renewable energy, mining and related technologies.
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