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Great read, Korea callingThe second dimension of the first two...

  1. Topo
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    10/02/22
    17:14
    Post #: 59491212
    Great read,

    Korea calling

    The second dimension of the first two critical minerals loans is that they have also quietly cemented the geostrategic relationship with South Korea.

    When President Moon Jae-in visited Australia in December most of the attention was unsurprisingly devoted to to buy self-propelled howitzers from Hanwha to be made in Geelong, possibly paving the way from an even bigger armoured personnel carrier purchase from the same company.

    Korean companies are pushing to become global scale producers of critical mineral-intense technologies such as a magnets and batteries, while Australia is already the biggest producer and exporter of the battery component lithium and possibly has the second largest reserves of cobalt.


    https://www.lowyinstitute.org/the-interpreter/economic-diplomacy-mission-critical-australia-s-own-bri-gains-pace
    RNU Price at posting: 32.0¢ Sentiment: Hold Disclosure: Held
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