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18 Jun

Canadian government poaches rare earth stockpile from Chinese buyer

The Canadian government has secured a domestic rare earth material stockpile that was previously promised to a Chinese buyer. Canada has been cracking down on critical mineral deals with China, Kallanish understands. Natural Resources Canada facilitated the CAD 3 million ($2.1m) sale to the Saskatchewan Research Council, which is building a rare earth processing facility to be completed by the end of 2024. Australia-listed Vital Metals had agreed in December 202…
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