This is an interesting article, Good find.
This is the bit ARU are strategicaly placing themselves for:
"According to a Reuters report on Monday, the EU is working on proposals to start local output of a special magnet that is used in making electric car motors. This will be done by offering support to local producers, with measures including cheap financing and compensation for higher raw material costs.The EU's move is similar to a US House bill put forward in recent days. The legislation gives a tax credit of $20 per kilogram of rare-earth magnets produced in the US."
Would be even better if Australia value added on just being a mine, and similarly enouraged magnet manufacturing.
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China frictions steer electric automakers away from rare earth magnets, page-96
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