Australia’s mining sector and its strategic importance in the Pacific

In the early 2000s, Australia had found in China, which was then at the beginning of an extraordinary growth path, a leading trading partner for the purchase of its mineral resources, an element at the center of Canberra's economy, so much so that it conditioned the country's currency fluctuations. This commercial bond, however, over the years is turning into a situation of dependence, which presents at least two problems: China is adopting a policy of greater self-sufficiency and, therefore, has reduced its imports of raw materials, as well as has started a more aggressive policy on a military level, both with regard to Taiwan and the Indo-Pacific quadrant, becoming increasingly tense with the US-led bloc in the region. Australia, today, two months before the elections, is therefore in a very delicate position and will probably be forced to change its management policies of the extractive industry, moving towards nationalization measures. [...]