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LONDON TO A BRICK
Germany and the Gina Rinehart connection
Germany exports more cars than any other country clocking up sales worth over $140 billion in 2019 (20% of the value of all global car exports), more than Japan (12%) and well ahead of the US (7.7%). Motor accounts for 15% of all German exports, making it the largest industrial sector in the country, and a key factor that makes it the continent’s economic powerhouse.
With that in mind, perhaps it should come as no surprise the minerals-intensive German car industry and miners have been forging ever deeper links. The action has been centred on offtake and supply agreements...
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