Post #172

🥡 I'd like 60 to go [ #MineralsInNumbers ] How much money can a normal man earn in his life? Can it be $11 million? ⏩ Maybe yes, maybe no. But this - $11 million - is how much of mineral wealth is being sold to China by African countries each hour. 🔸 In 2024 China imported about $116.8 billion from Africa, of which resource sales to China made up around $95–$102 billion - call it about $100 billion. 🔸The leading suppliers of the PRC in Africa are DRC for copper and cobalt (about $21.9 billion), Angola for crude oil (about $17.6 billion), South Africa for iron ore, gold and manganese, Guinea for bauxite (roughly $7.6 billion), then Zambia (copper), Republic of the Congo (crude) and Gabon (manganese and oil). ⏩ I bet you've never held such sums in your hands - neither have I. So, for better understanding - $100 billion equals close to 66 times the cost of the famous Burj Khalifa, commonly benchmarked near $1.5 billion. 🔸 Sadly, this is not enough to reach the moon. However this number would suffice to put at least one Burj Khalifa in each African country - and we would still have around 10 spare towers. Given that enormous amounts of money, paid by the PRC for resources, do you feel like there could be a Burj Khalifa in your parts? Devils Below