ESG

Lynas news confirms attack on Chinese monopoly by US Dept of Defense underway

CONFIRMATION by Lynas of a US Department of Defense tender for a heavy rare earths separation plant in the US is a completely logical development given the rhetoric around China’s monopoly in the “strategic” minerals sector.

Rare earths has been impacted by the US-China trade war. Image: iStock/Rawf8

Rare earths has been impacted by the US-China trade war. Image: iStock/Rawf8

While details released by Lynas are non-existent, the news ties in with the Australian government also recently making funds available for the sector. How that plays out for companies such as Alkane,...

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