Sino-File

Mineral wealth

“The risk is that China uses its position in the supply chain to put pressure on other economies, and that the UK doesn’t have any reliable alternatives.”

Chris-Williams-w

Chris Williams, managing director of UK Seabed Resources, on why his firm has plans to deep-sea mine for rare earths in the Pacific. He told The Times there was concern about “vulnerability” in the supply chain with 95% of rare earths processed in China. WiC first wrote about China’s control over rare earths – used in products that span missiles and smartphones – in issue 13 in 2009.


© ChinTell Ltd. All rights reserved.

Sponsored by HSBC.

The Week in China website and the weekly magazine publications are owned and maintained by ChinTell Limited, Hong Kong. Neither HSBC nor any member of the HSBC group of companies ("HSBC") endorses the contents and/or is involved in selecting, creating or editing the contents of the Week in China website or the Week in China magazine. The views expressed in these publications are solely the views of ChinTell Limited and do not necessarily reflect the views or investment ideas of HSBC. No responsibility will therefore be assumed by HSBC for the contents of these publications or for the errors or omissions therein.