SMH · general

The projects to benefit from Australia’s $5 billion rare earth funding deal

2 hours ago

Australia and the United States have secured over $5 billion in funding for ten critical minerals projects since last October. Resources Minister Madeleine King emphasized the need to diversify supply chains amid China's market dominance. The projects support critical minerals vital for defense and clean energy technologies, with additional projects likely to receive close to $2 billion in support.

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Summary by Glance · Original reporting by SMH

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