“Backed by government, Australia’s miners are moving to loosen China’s iron grip on the rare earths market. For an industry critical to defence and the energy transition, the latest moves aim to build new Western supply chains amid Beijing’s export bans.“
“‘Ionic Rare Earths is building a global industrial technology business based on our patented magnet recycling technology,’ Ionic Rare Earths Chairman Brett Lynch says. ‘Our de-risked, de-mined strategy is the fastest pathway to delivering shareholder value, replicating our Belfast model in new international markets to swiftly create a secure and sustainable ex‑China rare earths supply chain.’”
“With production plans at home and abroad, Australia’s rare earth miners are building new supply chains that could prove vital in this key industry of the 21st century.”
Read the full article on Future Mining
For more on rare earths, read our explainer article.
Read our other explainer covering – What are Rare Earths? Why are Rare Earths important? Rare Earths in Advanced Manufacturing, REEs for Renewable Energy, REOs for defence, what are NdFeB Magnets? What is magnet recycling?
