China has now become the world's leading supplier of many important minerals, and its monopoly in this field is a source of concern for many countries. At the same time, the occupied East Turkistan continues to be China's primary source of natural resources.
According to a report published by the International Energy Agency in Paris last week, the global supply of critical minerals such as copper, lithium, cobalt, graphite, and rare earth elements—critical to green energy technologies—is likely to be concentrated in a few countries. By 2024, the average market share of the top three producers of these minerals will reach 86%.
The report specifically notes that China is currently the primary processor of 19 of the world's 20 strategic mineral resources, with an average market share of 75%. This situation reinforces the global economy's dependence on China's production capacity, as well as the hidden risks of supply chain disruptions caused by various factors, such as climate change and trade conflicts.
An International Energy Agency executive spoke on this topic, citing the energy crisis caused by Russia's aggression against Ukraine and the disruption of natural gas supplies to Europe, as well as the global chip shortage during the COVID-19 pandemic. In his opinion, more government-directed financial support and policy tools should be deployed to promote the diversification of critical mineral development projects.
The report notes that under the influence of the Trump administration's trade policy, American manufacturing industries, particularly those in the chip, robotics, electric vehicles, batteries, and military equipment sectors, have come under significant pressure. In the first three months after Trump's return to office, he made reducing dependence on foreign critical minerals a key issue for national security and economic recovery. In February of this year, Trump signed another executive order requiring the government to expedite the licensing of mineral resources, such as copper mines.
However, plunder and looting in East Turkistan have played a key role in China's rise to become the primary supplier of minerals. Official data from the Chinese regime reveals that East Turkistan's mineral resources are rich and its potential is enormous, with 153 types of discovered minerals and 103 types of proven resource reserves. These constitute 88% and 63% of China's wealth, respectively.