China’s Top Miner Zijin Sees ‘Unprecedented’ Global Risks

China’s Zijin Mining Group Co., the world’s third-biggest metals miner by market value, said geopolitical confrontation and resource nationalism will pose challenges to its overseas projects.

“Global uncertainties have become unprecedented,” the copper-gold giant said after reporting record quarterly earnings. “The competition for critical minerals among major powers has entered a high-intensity confrontation phase” that could affect the company’s revenue, profits and new overseas projects, it said.