The Ministry of Commerce expands the list of materials requiring special reporting obligations.
While China’s vast mineral resources are well known, its companies have increasingly pursued raw materials abroad to support its industrial needs, often through investments in mining projects. Moving forward, Chinese investors must report the confirmed and potential reserves of critical materials from their overseas ventures, according to the South China Morning Post. The expanded list of materials requiring disclosure has grown from 32 to 41 items, including rare earths, titanium ore, zircon, tantalum, and antimony—the latter recently banned for export to the U.S.
In 2023, Chinese overseas investments in mining projects totaled approximately $16 billion, reported The Economist (paywall).
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