US review boosts Australian minerals

Original article by Matthew Cranston, Jacob Greber
The Australian Financial Review – Page: 10 : 10-Jun-21

The Biden administration has released the findings of its review of the nation’s critical mineral supply chain vulnerabilities. Amongst other things, the report has called for the US to source more critical minerals such as rare earths from its key allies and partners in order to reduce its reliance in imports from China. The report noted that the US will still be highly dependent on China for the processing of critical minerals, given that the nation has limited onshore processing and refining capacity. Meanwhile, Prime Minister Scott Morrison says Australia has a "responsibility" to expand its endowment of critical minerals.

CORPORATES
UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

Joint strategy with US on rare earths

Original article by Geoff Chambers
The Australian – Page: 7 : 11-Oct-19

Resources Minister Matt Canavan has indicated that a joint strategy with the US regarding critical minerals such as rare earths will be finalised in coming weeks. He has stressed the need for co-operation between governments to ensure that new rare earths projects go ahead. US Commerce Secretary Wilbur Ross, who is visiting Australia, has emphasised the importance of processing rather than merely mining rare earths. Trade Minister Simon Birmingham says the federal government wants processing of critical minerals to be undertaken in Australia.

CORPORATES
AUSTRALIA. DEPT OF INDUSTRY, INNOVATION AND SCIENCE, UNITED STATES. DEPT OF COMMERCE, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, LYNAS CORPORATION LIMITED – ASX LYC

Canavan seeks US funds to help develop rare earths resources

Original article by John Kehoe
The Australian Financial Review – Page: 4 : 10-Oct-19

Resources Minister Matt Canavan has held talks with US Secretary of Commerce Wilbur Ross regarding co-operation in the development of critical minerals projects, including rare earths. Amongst other things, the federal government is looking at options such as providing funding for early-stage projects via Export Finance Australia and the Northern Australia Infrastructure Facility. China is the world’s major producer of rare earths, accounting for about 80 per cent of global supply.

CORPORATES
AUSTRALIA. DEPT OF INDUSTRY, INNOVATION AND SCIENCE, UNITED STATES. DEPT OF COMMERCE, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, LYNAS CORPORATION LIMITED – ASX LYC, ARAFURA RESOURCES LIMITED – ASX ARU, UNIVERSITY OF SYDNEY. UNITED STATES STUDIES CENTRE