Federal Resources Minister Madeleine King indicated that Australia might consider a significant investment in a rare earths company, inspired by the US Department of Defense’s recent acquisition of a 15% stake in MP Materials to reduce reliance on China. She emphasized that any investment would depend on ensuring the taxpayer’s money is repaid and mentioned the potential establishment of a price floor for rare earth elements to stabilize the market.
Want More Context? 🔎
Loading PerspectiveSplit analysis...
