Business
Morrison to launch 10-year critical minerals ‘value-add plan’ – The Australian Financial Review
Australia’s failure to process many of its critical and rare earth minerals means it’s missing much of the value such resources are creating.
Australian companies such as Lynas and Iluka Resources are already shipping many of those resources offshore including to the US which is rapidly developing its own capacity with Australian support but Mr Morrison is now eager to drive what many in the industry have been demanding for years and even decades: to add more value to the materials mined in Australia.
The manufacturing initiative will help position Australia as not just a global leader in the resources sector but also in the manufacturing…
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