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A 10-year “road map” is being issued in Australia to create more processing capacity as well as open the door to applications for a $1.3 billion fund to help manufacturers ramp up production, and commercialise products for global supply chains.
While Australia is already a fast-growing global supplier of the rare earth and other critical minerals needed for a vast array of technologies from fighter jets to electric vehicles and iPhones, it’s only capturing a small share of the overall potential benefit because it doesn’t process those materials.
Gillian Corban
Daniella Traino
Jonathan Chrimes