Trump's rare earth executive order boosts Australia's Lynas
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Federal budget to include income tax cuts and $1.4bn manufacturing boostPrime minister to list priority areas in line for government support to fix supply chain weaknesses and ‘secure us against future shock’
The manufacturing package includes a $1.3bn co-investment fund for large projects in the priority sectors, which are resources technology and critical minerals processing, food and beverages, medical products, recycling and clean energy, defence and space.
https://www.theguardian.com/australia-news/2020/oct/01/federal-budget-to-include-income-tax-cuts-and-14bn-manufacturing-boost
Good news for lynas, both from USA and Australia
With China vs USA tension , The USA DOD deal , will boost lynas again.
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