China steps up investment in critical minerals in Latin America and the Caribbean to strengthen its military modernization

The Asian giant’s expansion in the critical minerals sector not only strengthens its military industry, but also gives it a strategic position in the global energy transition.

China has significantly increased its presence in critical mineral mining in Latin America and the Caribbean, raising concerns in the United States in the context of strategic competition, according to an analysis by researchers from institutions such as the American Enterprise Institute and Florida International University’s Security Research Hub. The exploitation of key resources, such as lithium, copper, and niobium, is aligned with the industrial and military development goals of China’s Plan 2049.

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