PM plays down Chinese-owned lithium plant

Original article by Andrew Tillett
The Australian Financial Review – Page: 5 : 13-Jun-24

Chinese Premier Li Qiang will visit a lithium processing plant at Kwinana during his official trip to Australia. The plant’s major stakeholder is a China-based company, and Prime Minister Anthony Albanese has rejected suggestions that the federal government’s Future Made in Australia policy is being undermined by Chinese investment in critical minerals projects. He says Labor values foreign investment, although he adds that the nation must "move up the value chain" rather than merely exporting mineral resources.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

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