Rare earth mining counties such as Australia have been seeking to boost the resilience of their supply chains. Photo: AFP Rare earth mining counties such as Australia have been seeking to boost the resilience of their supply chains. Photo: AFP
Rare earth mining counties such as Australia have been seeking to boost the resilience of their supply chains. Photo: AFP

Australian rare earth firm ASM signs South Korea deal as West tries to counter China’s dominance in critical minerals

  • Australian company ASM has signed a memorandum of understanding with two regional governments in South Korea to build a rare earth processing plant
  • The agreement comes amid an international race to secure the critical minerals, with Western countries trying to counter China’s dominance in supply

Topic |   Rare earth element
Rare earth mining counties such as Australia have been seeking to boost the resilience of their supply chains. Photo: AFP Rare earth mining counties such as Australia have been seeking to boost the resilience of their supply chains. Photo: AFP
Rare earth mining counties such as Australia have been seeking to boost the resilience of their supply chains. Photo: AFP
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