ESR 0.00% 0.5¢ estrella resources limited

looks like google is blocking the link. here is an extract. Some...

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    looks like google is blocking the link.
    here is an extract.


    Some ASX miners are likely to benefit from the federal government’s $1.3 billion plan to process more critical minerals on our shores.These ASX shares can thank the US-China trade war and COVID-19 for this new tailwind. These events have convinced Prime Minister Scott Morrison to develop a 10-year roadmap for critical minerals, reported the Australian Financial Review.It’s become painfully apparent that Australia and the world have become too reliant on China for raw materials used in electronics and advanced manufacturing.The Chinese government could restrict the supply of these minerals to gain the upper hand in any trade dispute. Another global pandemic could also bring key industries to their knees.


    Australia joins others in funding critical mineralsThere is a global trend for governments to contribute to such projects. The US and South Korean governments are only a few examples.But rare earths and mineral sands are unlikely to be the only commodities that our government would like to support.

    ASX lithium and nickel miners may also be able to tap into federal government grants as these are used extensively in batteries.
 
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