Inside Australia's billion-dollar bid to take on China's rare earth dominance

Thu, 14 Aug 2025 19:07:42 +1000

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
https://www.bbc.com/news/articles/cgm2z91mvlvo

"Drive three hours north of Perth, and you'll arrive in Eneabba - barren and
desolate, just the odd hill in the distance.

This is Western Australia mining territory. Buried in this vast terrain is a
massive pit, full of what looks like mounds of worthless dirt.

But appearances can be deceiving: this pit is home to a million-tonne stockpile
containing critical minerals, better known as rare earths, which are crucial
for making electric vehicles, wind turbines and defence equipment.

And Australia is betting big on this discovery with a billion dollar loan to a
mining company to extract these metals - and disrupt a supply chain that China
has monopolised.

Will the gamble pay off?"

Via Susan ****

Cheers,
       *** Xanni ***
--
mailto:xanni@xanadu.net               Andrew Pam
http://xanadu.com.au/                 Chief Scientist, Xanadu
https://glasswings.com.au/            Partner, Glass Wings
https://sericyb.com.au/               Manager, Serious Cybernetics

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