Australia to become more assertive on foreign investment in critical minerals

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It says it needs to encourage investment that aligns with the country's national interest. Read more at straitstimes.com.

MELBOURNE - Top lithium supplier Australia is set to become more selective about who it allows to invest in its growing critical minerals industry, Treasurer Jim Chalmers said on Friday.

Mr Chalmers stopped short of announcing any review of existing international holdings of operations, after Canada ordered three foreign firms to divest from its critical minerals sector earlier in November. Resources Minister Madeleine King in a separate speech flagged recent developments in Australia’s burgeoning critical minerals processing industry.

 

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