Critical minerals strategy will achieve only limited local value-adding

Analysis and Commentary, Manufacturing News

By Peter Roberts Australia’s new Critical Minerals Strategy aims to increase the value added onshore to Australia’s vast mineral resources, rather than simply exporting undifferentiated mineral commodities. However it stops short of being the comprehensive policy we need to develop value-added industries. The strategy sets out a vision to grow our critical minerals wealth, create…

Produce rare earth metals, don’t just export ore – Iluka Resources MD

Analysis and Commentary, Defence, Manufacturing News

The head of the company developing Australia’s first rare earths metals refinery has urged companies to produce high value rare earth metals locally rather than exporting ores overseas. Managing Director and Chief Executive Officer of Iluka Resources Tom O’Leary told the company’s annual general meeting that the key Australian rare earth resources – neodymium, praseodymium,…