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US announces $400m investment in Australian rare earth mine

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US announces $400m investment in Australian rare earth mine
Al Jazeera
Al Jazeera2 hrs ago
US announces $400m investment in Australian rare earth mine
Deal aims to secure scandium supply as China restricts exports for defence products.
Pentagon to invest $511 million in Australian rare earth mine
China restricted exports of the rare earth scandium for defence products in 2025.
South China Morning Post
South China Morning Post🏁 first to report1 days ago
China plans to increase mine output in world’s largest rare earth deposit by 50%
China plans to expand production capacity of a mine in Bayan Obo in its Inner Mongolia region with an investment of over half a billion yuan (US$74 million). The expansion will raise the mine’s annual output by 50 per cent from 10 million to 15 million tonnes at the world’s largest rare earth deposit. Bayan Obo is a co