U.S. President Donald Trump and Australian Prime Minister Anthony Albanese have signed a critical minerals agreement, which they described as “an $8.5 billion deal between allies,” aimed at curbing China’s dominance of rare earths resources. The Associated Press reported that China announced earlier this month that foreign companies must get approval from its government to export magnets containing even trace…
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JARE to contribute A$200 million for Lynas growth plan
Lynas Rare Earths has inked new agreements with Japan Australia Rare Earths (JARE) that will further strengthen its balance sheet and support funding of capital projects designed to meet accelerating global demand for rare earth materials. Full story.
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