Is China taking control of African minerals? Geopolitics and raw materials

Chinese companies are far from taking control over African or global mining. In 2018, they control less than 7 % of total African mine production. Chinese investments in African mining of non-fuel minerals between 1995 and 2018 have contributed to production growth but it has also increased Chinese control over African mineral and metal production. There is evidence pointing to a continued Chinese expansion in African minerals and metals but at a slower pace than in the past decade. Through a detailed analysis of every mine, fully or partially controlled by Chinese interest in Africa and all other parts of the world the paper also measures total Chinese control over global mine production to be around 3 % of the total value.

Magnus Ericsson, is a veteran observer and analyst of global mining his interests going back to the early 1970s. He is a consulting professor of mineral economics at Luleå University of Technology, Sweden since 2009. Magnus’ key qualifications lie within the areas where mineral economics; mineral policy/strategy; mineral legislation and taxation cross. He has extensive experiences in investment promotion, mineral policy formulation including taxation and legislative issues and their implementation, institutional organization, stock exchange regulations for mining companies and he regularly performs analyses of mineral industries and their competitiveness. Magnus has a wide network in China having visited the country regularly since early 2000s.

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