Australia’s federal government and the South Australian and Tasmanian state governments are injecting a funding package into two struggling smelters ultimately owned by commodity trading giant Trafigura to help them convert into sites capable of producing critical minerals. As Australia pitches itself as an alternative to China’s global dominance in critical minerals and rare earth elements, the federal Albanese government and the two state governments will invest a total of US$87 million (AUS$135 million) in supporting the transformation…
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