Rare earth miners want plan backed with cash

Original article by Jacob Greber, Peter Ker
The Australian Financial Review – Page: 8 : 5-Mar-21

Prime Minister Scott Morrison has announced a 10-year ‘road map’ for the creation of more mineral processing operations in Australia. His plans have won backing from rare earths and critical minerals producers and from green groups such as the Climate Council and WWF-Australia, but producers have called on the government to back up its plans with actual money and support. Charlie Richardson from Accenture notes that Australia has over 90 per cent of the raw materials used to make lithium-ion batteries, but no manufacturers producing them. He says this is both a "both a missed opportunity and a sovereign risk".

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, ACCENTURE AUSTRALIA LIMITED, LYNAS RARE EARTHS LIMITED – ASX LYC, HASTINGS TECHNOLOGY METALS LIMITED – ASX HAS, WORLD WIDE FUND FOR NATURE AUSTRALIA, CLIMATE COUNCIL OF AUSTRALIA LIMITED, ARAFURA RESOURCES LIMITED – ASX ARU

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