US funds Alcoa Corp. $93M gallium plant in Australia to break China’s grip on critical minerals
4 Articles
4 Articles
US Funds an Australian Gallium Plant That Could Help Crack China's 98% Monopoly
The US Department of War said it will provide $174 million in financing to Alcoa Corp. to build a gallium plant at its alumina refinery in Western Australia, as Washington seeks to reduce its reliance on China for critical minerals.
An alliance between the United States, Australia and Japan will fund an Alcoa plant capable of producing up to 10% of the world's gallium and reducing China's dependence.
US funds Alcoa Corp. $93M gallium plant in Australia to break China's grip on critical minerals
The US investment in Australia's gallium plant diversifies global supply chains, reducing reliance on China and enhancing strategic autonomy. The post US funds Alcoa Corp. $93M gallium plant in Australia to break China’s grip on critical minerals appeared first on Crypto Briefing.
US funds Alcoa Corp. $93M gallium plant in Australia to break China’s grip on critical minerals
The US investment in Australia's gallium plant diversifies global supply chains, reducing reliance on China and enhancing strategic autonomy. The post US funds Alcoa Corp. $93M gallium plant in Australia to break China’s grip on critical minerals appeared first on Crypto Briefing .
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