From a recent article.
"The combination of increased geopolitical security concerns with the global push for decarbonisation has put the issue of critical minerals under the spotlight.
While Australia is in the box seat in terms of having access to supplies of critical minerals — which include rare earths, lithium, copper, nickel, magnesium, and zinc — the question is how best position the country to take advantage of its role.
The issue will be a key point of discussion at the Critical Minerals Summit being hosted by the Australian on Friday with the support of consulting firm PwC
Rare earths and other critical minerals play a key role in the electric vehicle supply chain as well as the magnets needed for wind turbines.
Fortescue Metals executive chairman Andrew Forrest signalled this week that his company, which has made its fortune selling iron ore to China, was stepping up its interest in becoming involved in the sector.
Forrest sees rare earths as “critical” for its ambitious green hydrogen energy strategy, describing them as a “rapidly growing market (which is) set to bring added value for our shareholders.”
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