Australian Mines LTD (AMSLF)

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China And The U.S. Fight Over Australian Rare Earths

The U.S. hunt for future supplies of rare earths and other critical minerals has led Commerce Secretary Wilbur Ross to Australia this week where he might not get the reception he was expecting.

China is not only well entrenched in the Australian mining industry but an academic paper released to coincide with Ross’s visit suggest that China could be a more reliable source of project development capital for new mining projects.

Great news for Australian Mines because there is a fight going on for minerals and Australia is right in the middle of it.

https://www.forbes.com/sites/timtreadgold/2019/10/09/china-and-the-us-fight-over-australian-rare-earths/#1679fc35126b