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The Economic Times
The Economic Times
National

A warning to critical minerals buyers: Avoid butter mountains, aluminium floods

MELBOURNE: Western governments, currently ​ploughing tens of billions of dollars into critical minerals in an effort to ​break their reliance on China, could look to history to see how well-intentioned efforts to prop up commodity sectors can backfire.

As efforts to build ​stockpiles and combat China's dominance gather pace, a dozen industry executives, investors and analysts interviewed by Reuters pointed to the risk of a repeat glut scenario.

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