SYDNEY -- Australia's government will inject $840 million Australian dollars ($550 million) into a rare earths mine and refinery in the country's north as part of efforts to boost the country's role in the energy transition supply chain.
Commodities
Australia pumps $550m into rare earths refinery project
Funding 'will deliver critical jobs and economic development,' government says
Rare earth concentrate at a Lynas plant in Gebeng, Malaysia: The Australian rare earths miner and processor is the only such company with supply chains outside China. © Reuters
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