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The History of Mining: The events, technology and people involved in the industry that forged the modern world by Michael Coulson

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15. China

One of the most critical trends influencing the mining industry in the modern world is the rise of China to economic super power status. It has become a major importer of a whole range of raw materials, which has had a profound effect on the international mining industry and its development plans. At the same time China is itself a major exporter of a range of minor but strategic metals such as antimony, tungsten and rare earths. One of the bigger issues surrounding Chinese demand for metals is how it will respond to the more difficult economic times that the world faces over the next few years. In the recent past it has often stockpiled metals in the face of rising consumption to avoid shortages, and as it has built up its foreign ...

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