Hunt For Rare Earths Gets Harder As JL MAG Drops Australia Deal
The Chinese producer of magnetic materials has dropped plans to invest in an Australian minerals firm after the target pivoted towards North American partners image credit: Bamboo Works Key Takeaways: The
A Chinese company decided not to invest in an Australian minerals business anymore, choosing to work with North American partners instead. This shows how countries are competing to control rare materials that make phones and computers work, which can change where companies decide to do business.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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