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Australia, US Pledge $5B for Critical Minerals

Published 1 week, 1 day ago
Description

Australia and the US have pledged over $3.5 billion for critical mineral projects, aiming to diversify supply chains and reduce reliance on China. This investment will support mining and refining of key metals like rare earths and nickel, crucial for defense, tech, and clean energy. Projects include Tronoxs rare earth refinery, Ardeas nickel project, and support for gallium, graphite, and more.

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