This is a linkedin post from Oli regarding his recent visit to Canberra.
This is a linkedin post from Oli regarding his recent visit to...
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✔ Australia & Vietnam upgraded their 50+ years bilateral relationship by signing a Comprehensive Strategic Partnership
✔ Cooperation for supply and processing of #criticalminerals within Vietnam was top of the agenda of my exchange with PM Chinh, joined by Honourable Ambassador Andrew Goledzinowski and Richard Morrow FAusIMM
✔ EQ Resources Limited and CRONIMET Holding GmbH are ahead of the game, with 100% of our concentrate production from Australia's leading #tungsten mine at Mount Carbine exported to Vietnam for refining
Never heard of #tungsten?
1️⃣ Its excellent properties makes it difficult to substitute in many high-tech applications (fun fact, with a fabulous 3420 degree celsius having the highest melting point of all metals)
2️⃣ EU #criticalminerals listing rates #tungsten with the #1 highest economic importance for Europe
3️⃣ Extreme supply concentration, with >90% mined by only 3 countries
4️⃣ Australia holding the 2nd largest known #tungstenresources globally, but only in 2020 restarted mining #tungsten after a long time
...crazy right, I better stop here?!
Bottom line, we need to continue developing reliable sources of #criticalminerals and establish stable supply chains with trusted partners!