Original article by Nick Evans
The Australian – Page: 13 & 16 : 25-May-23

The issue of processing rare earths and critical minerals in Australia was a key issue of discussion at a mining summit in Perth on Wednesday. Iluka Resources MD Tom O’Leary flagged the potential for a domestic critical minerals reservation, which would allow projects to be approved on the condition that a certain proportion of the output would have to be processed in Australia. He noted that a similar gas reservation scheme has been successful in Western Australia. Former WA premier Richard Court in turn suggested that state governments could encourage increased downstream processing of critical minerals by introducing differential royalty rates.

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