Australia’s rare earths projects get US$360 million funding boost to counter China dominance

Source: China – South China Morning PostAustralia announced almost A$500 million (US$360 million) in funding to boost output of critical minerals, aiming to diversify supply for its allies and counter China’s dominance of the global market.Prime Minister Scott Morrison unveiled the funding for a slew of projects in Western Australia on Wednesday and said the state would become a powerhouse for Canberra’s allies.“Recent events have underlined that Australia faces its most difficult and dangerous security environment that we have seen…Read More

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