Business
Government’s strategic roadmap to give these ASX miners a boost
Some ASX miners are likely to benefit from the federal government’s $1.3 billion plan to process more critical minerals on our shores.
These ASX shares can thank the US-China trade war and COVID-19 for this new tailwind. These events have convinced Prime Minister Scott Morrison to develop a 10-year roadmap for critical minerals, reported the Australian Financial Review.
It’s become painfully apparent that Australia and the world have become too reliant on China for raw materials used in electronics and advanced manufacturing.
The Chinese government could restrict the supply of these minerals to gain the upper hand in any trade dispute….
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