Asia races to de-risk critical minerals supply chain with new financing tool

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The Asian Development Bank (ADB) has launched a new financing facility aimed at strengthening critical mineral supply chains across the Asia-Pacific region, as a global push to loosen China’s chokehold over the sector continues.The initiative is designed to help Asia-Pacific nations move up the critical minerals value chain – moving beyond just mining – by equipping them with the technical capabilities to process and recycle the materials, according to the ADB.“Asia and the Pacific should be...