Treasurer orders Chinese funds to reduce stakes in Australian rare earths miner
BySimon Johanson June 3, 2024
Treasurer Jim Chalmers has ordered Chinese funds that own shares in Northern Minerals to significantly reduce their stakes in the rare earths prospector as the Australian government sharpens its focus on supply chain security.
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On one hand Labor restrict investment by the Chinese and then propose to give the chinese tax breaks on their lithium play. FLIP FLOP
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