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26 Apr
15:13

Canada offers AUD 400m to Australian rare earths project

Australian Strategic Materials (ASM) is in discussions to secure up to AUD 400 million ($260m) from Export Development Canada for its Dubbo rare earth project. The mine is located near the Australian town of Toongi, in central-western New South Wales. The plan is to convert oxides into metals and alloys in metals plants in strategic locations, including a facility in South Korea’s Ochang province. Canada’s official export credit agency issued a non-bi…
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