Australia is forcing Chinese investors out of rare-earths projects. That creates other risks
The investors hold a 17.58% stake and must divest by July 2 after Treasury and the Foreign Investment Review Board advised the order.
3 Articles
3 Articles
Australia punts on pushing China out of rare‑earths projects
It’s been a significant month for Australia’s ambitions to become a critical-minerals superpower, while balancing its relations with China and the United States. On May 18, Treasurer Jim Chalmers announced he had ordered six investors with links to China to sell off shares in Northern Minerals, an Australian rare-earths company developing the Browns Range project […] The post Australia punts on pushing China out of rare‑earths projects appeared …
Australia is forcing Chinese investors out of rare-earths projects. That creates other risks
A road in Anmatjere, Northern Territory, near the Arafura Rare Earths Nolans mine Abstract Aerial Art/GettyIt’s been a significant month for Australia’s ambitions to become a critical minerals superpower, while balancing its relationships with China and the United States. Last Monday, Treasurer Jim Chalmers announced he had ordered six investors with links to China to sell off shares in Northern Minerals, an Australian rare-earths company develo…
Federal Government Secures Rare Earths Supply In Major NT Deal
Federal Resources and Northern Australia Minister Madeleine King has announced the Albanese Government will use the Critical Minerals Strategic Reserve for the first time, signing a preliminary agreement to purchase up to 500 tonnes of rare earths per annum from the Northern Territory. The rare earths will be sourced from the Arafura Rare Earths Nolans Rare Earths Project, located 135 kilometres outside Alice Springs, marking a significant devel…
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