Mining billionaire backs Australia rare earth project in race to boost west’s supplies
US and allies seek to kick-start production of critical minerals outside China
US and allies seek to kick-start production of critical minerals outside China

Australia’s Lynas raising more than $500mn to invest in capacity as governments seek more critical minerals

Canberra emerges as key partner with Washington to counter Beijing’s critical mineral supply chain

The American military and Europe’s green transition both rely on critical minerals from Beijing

Beijing’s tight export controls on critical minerals have strained relations with US and EU

Companies with financial ties to Trump administration figures win major funding deals in push for crucial metals

Beijing determined to retain leverage over supply by preventing buyers from building large inventories