Australian Rare Earth Miners Push Development Deals to Counter China Grip

New York Times | Jun 14, 2019 at 7:36 AM
  • Rare earth developers in Australia say they are edging closer to signing deals with new customers that would drive forward their projects amid mounting global supply concerns over the minerals that are crucial to high-tech industries.
  • Rare earths are a group of 17 minerals critical to a wide array of industries from high-tech consumer electronics to electric vehicles and sophisticated military equipment.
  • Most of Australia’s projects, however, have been stuck as developers struggle to secure financing because of the domination of China.