SYDNEY -- Australia's government will funnel 22 million Australian dollars ($14 million) into rare earth and critical mineral research as it endeavors to be a "global clean energy supplier," its resource minister said on Monday.
Commodities
Australia funds rare earth research as West seeks China alternatives
Canberra to spend $14m to boost rare earth and critical minerals sectors
A Lynas worker walks past sacks of rare earth concentrate waiting to be shipped to Malaysia, at Mount Weld, northeast of Perth, in 2019. Australia is funding rare earth and critical mineral research. © Reuters
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