What Happened
Beijing Secures Access to Critical Resources for Defense and Technology
China has steadily expanded its presence in Latin America’s critical minerals sector, investing in lithium, copper, and other resources vital to defense and technology. According to Bloomberg, China holds mining interests in 12 countries across the region, with a significant presence in Argentina, Brazil, Ecuador, Guyana, and Peru. This growing footprint has fueled concerns over economic security, strategic dependence, and countries’ ability to retain sovereign control over resources. The expansion was first reported by Unknown Source.