Global·NewlyNewsHK

Australia orders China-linked investors to sell stakes in rare earths firm

HK · · HKFP

Australia on Monday ordered a string of China-linked shareholders to sell their stakes in a rare earths firm, citing the need to protect the sector from outside influences. Northern Minerals is vying to challenge China’s dominance of dysprosium production, a rare earth mineral that is used to make high-performance magnets used in electric vehicles. Chinese […]