Australia has ordered Chinese-linked funds and their associates to sell their stakes in a rare earths miner. This move is part of an effort by US allies to counter China's dominance in critical minerals. The decision, framed as being in the 'national interest,' aims to create a stronger supply chain for critical minerals essential for the energy transition. The order, issued by Treasurer Jim Chalmers, comes amid rising geopolitical tensions over mineral resources. The funds are linked to a Chinese businessman. Shortly after the announcement, an Australian company involved in a strategic heavy rare earth project was targeted in a suspected cyber attack.
#BREAKING: An Australian company that runs a strategically crucial heavy rare earth project has been targeted in a suspected cyber attack just hours after Treasurer Jim Chalmers ordered Chinese investors be removed. https://t.co/XLXAzcb6u7
#Australia orders #Chinese linked funds to sell rare-earth stakes in ‘national interest’ Canberra is trying to create stronger supply chain for critical minerals in the energy transition Australia’s government has ordered funds linked to a Chinese businessman to cut their… https://t.co/T18mnURjST
BREAKING NEWS AUSTRALIA ORDERS CHINESE-LINKED FUNDS TO SELL RARE-EARTH STAKES IN NATIONAL INTEREST The mineral war is heating up.
Australia orders Chinese-linked funds to sell rare-earth stakes in ‘national interest’ https://t.co/gVX5CurLWq via @ft
"Australia orders Chinese-linked funds to sell rare-earth stakes in ‘national interest’" via @FinancialTimes https://t.co/k3TEZyAxVQ
Australia has ordered a Chinese-linked Fund and its associates to sell their stakes in a rare earths miner, part of an effort by US allies to counter the Asian nation’s dominance of critical minerals https://t.co/EZL78OhsmY via @markets
Australia orders Chinese-linked funds to sell rare-earth stakes in ‘national interest’ https://t.co/Umn57MnUZP
#Australia orders Chinese-linked funds to sell rare-earth stakes in ‘national interest’ https://t.co/Ij4bL0gdHN
Australia orders Chinese-linked funds to sell rare-earth stakes in ‘national interest’ https://t.co/OSwqI2PVhL
#Australia Orders #China-Linked Investor to Sell Rare Earths Stake https://t.co/iK91ypSwr1
#Chinese group ordered to reduce shareholding in #Australian #RareEarth miner https://t.co/haGgRmRP6L https://t.co/lAb4EhmojD
Australia has ordered a Chinese-linked Fund and its associates to sell their stakes in a rare earths miner, part of an effort by US allies to counter the Asian nation’s dominance of critical minerals https://t.co/KIw0uVCfcD
Former prime minister Scott Morrison has taken a new role at a deep-sea mining fund at the same time the Australian government is poised to make a landmark decision on the controversial new mining frontier. https://t.co/88esHy4dsI