Reported about 21 hours ago
China is set to bolster its strategic reserves of key industrial metals, including cobalt and copper, in response to increasing demand driven by energy transitions and geopolitical tensions. The National Food and Strategic Reserves Administration is actively seeking to procure these metals, which may significantly influence market prices. This initiative aligns with the National Development & Reform Commission's strategy to enhance stockpiling of essential goods and manage resources more efficiently amidst global trade uncertainties.
Source: YAHOO