This event is for Club members only.
China’s near-monopoly on mining of rare earth minerals is a continuing source of friction with the West. Prices of the elements, used in many high-tech industries, have risen five-fold over the past year, due to restricted exports and hoarding by traders and importers. China’s investments in Africa have also been a source of friction and commentators have been critical of what they see as another wave of colonization.
Minerals expert Michael Komesaroff will take a macro view of the global market for rare earths as a case study illustrating China’s growing dominance in mineral and metal commodities trading. He will also examine China’s evolving relationship with Africa to illustrate China’s growing influence the new sources of high quality minerals.
DATE: May 16, 2011
VENUE: Australian Embassy 澳大利亚驻华大使馆
21 Dongzhimenwai Dajie, Sanlitun (next to Canadian Embassy, opposite A.C. Embassy Hotel)
北京市朝阳区三里屯东直门外大街21号 (加拿大大使馆的旁边，澳加饭店的对面), Tel: 5140 4111
REGISTRATION: at firstname.lastname@example.org
ABOUT THE SPEAKER:
Michael Komesaroff is principal of Urandaline Investment, an Australian-based consultancy specializing in capital-intensive commodity businesses. He has over 30 years experience of Asia’s mineral industries, including nearly 20 years with Rio Tinto. Mr. Komesaroff contributes a regular column to the China Economic Quarterly under the bye-line of Metal Man and in 2010 he was appointed Executive in Residence at the School of International Affairs at Pennsylvania State University.