Zijin Mining Group, China’s largest gold and copper producer, plans to expand
into strategic metals like tungsten and uranium as global demand drives prices
higher. Lisa Liu of Gold Mountains Asset Management, a Zijin subsidiary managing
$6 billion in assets, said the firm already holds stakes in gold, copper,
lithium, uranium, and other metals. Tungsten and uranium prices have surged due
to export curbs, military demand, and growing nuclear energy needs.
