Trade Trade

Cost of capital is main obstacle to mining investments in western world, HSBC says

By Koen Verhelst
  • 09 Nov 2023 17:04
  • 09 Nov 2023 17:04
China’s government policy is often blamed for the country’s dominance in mining and refining critical minerals such as lithium, magnesium and rare earth elements. But a factor that's often overlooked is that capital is so much more expensive in the western world than in developing countries, an HSBC representative said today.
“There's

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