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Australia Allocates $1.2 Billion for Critical Minerals to Bolster Global Supply Chains

The investment aims to secure and stockpile essential minerals, enhancing the nation's role in...
Key Metrics

11.57

Heat Index
  • Impact Level
    Medium
  • Scope Level
    National
  • Last Update
    2026-01-12
Key Impacts
Positive Impacts (11)
Gallium
Australian Critical-Minerals Miners
Antimony
Rare Earth Elements Basket
ASX 200 Materials Index
Electric Vehicle Battery Supply Chain
Total impacts: 11 | Positive: 11 | Negative: 0
Event Overview

The investment aims to secure and stockpile essential minerals, enhancing the nation's role in global supply chains for defense and advanced technologies. This strategic move underscores the importance of resource security and technological advancement.

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Australia to Invest $1.2 Billion in Critical Minerals
2026-01-12 09:32

The Australian government plans to invest 1.2 billion Australian dollars to purchase and stockpile critical minerals, including rare earth elements, antimony, and gallium, from domestic mining companies. This initiative aims to strengthen the global supply chains for defense and advanced technologies. Treasurer Jim Chalmers stated that this move will ensure Australia's central role in the global supply of critical minerals.

Total records: 1
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