U.S. Export Import Bank considers loaning up to $200 million to Latrobe Magnesium

Latrobe Magnesium, which is commercialising a method of extracting magnesium and other useful material from brown coal fly ash, is one of seven Australian companies receiving Letters of Interest (LOIs) totalling over $US 2.2 billion (approximately $3.4 billion) from lender the U.S Export Import Bank (EXIM.) According to a statement from Latrobe Magnesium, EXIM’s financing…

The global race is on to secure critical minerals. Why do they matter so much?

By Amir Razmjou, Edith Cowan University Critical minerals are having a moment. Prime Minister Anthony Albanese is at the White House to talk up Australia’s rich deposits with President Donald Trump. China, which has a global stranglehold on rare earth elements, recently imposed new export restrictions, much to Trump’s annoyance. It’s clear there’s an era…