Australia tightens rare earths rules, requiring government sign-off for Chinese investors selling stakes in domestic mining firms
Australia is mandating government sign-off before Chinese investors can sell shares in domestic rare earths mining firms, telling two parties they will need government approval before selling their holdings. Canberra is treating critical minerals as strategically important.
Detected & updated continuously · Source: Nebula
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JUST IN: 🇦🇺 Australia tightens grip on rare earths, mandating government sign-off before Chinese investors can sell shares in a domestic mining firm. Critical minerals are the new oil and Canberra knows it. https://t.co/1niEp2KA91
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Australia has stepped in again to try to force some Chinese investors out of a rare earths mining firm, telling two parties that they will also need government approval before selling their holdings https://t.co/9bOXAzTrG7