A corporate drama in Australia has high stakes for the West’s quest to build a critical minerals supply chain independent of China.
An aerial photo of Northern Minerals’ Browns Range mining complex in the East Kimberley Region, Western Australia. Credit: Northern Minerals
Northern Minerals may be a small fish in the big pond of Australian mining companies, but it has recently become ensnared in a corporate tussle that has forced the country’s government to risk its relations with China.
A document signed by Jim Chalmers ordering a group of investors to reduce their holdings in Northern Minerals, June 2, 2024. Credit: Australian Government
Earlier this month, Australia’s Treasurer Jim Chalmers ordered a group of investors linked to a Chinese minin
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In an extract from his new book, Breakneck, Dan Wang hops on his bike to explore how China’s problems throw America’s into stark relief. How is it, he asks while biking through Guizhou, that China’s poorest provinces have better infrastructure than America’s richest states.
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