Thursday, October 20

China's Dominance is Elementary

WE may pride ourselves on the sheer power of Australia's mining sector, but it's China that is holding many of the trump cards.   
The British Geological Survey has compiled what it calls Risk List 2011, a rating of the 52 mineral elements needed to maintain the economies and lifestyles in developed nations.

Of the 52 elements, China dominates 28 with, with Australia next, although it dominates only four: lithium, zirconium, aluminium and titanium.

But it will also serve as a useful guide to investors, showing those minerals which may well be in for some serious price escalation.


The Australian

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