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Rio Tinto is rumoured to be increasing its exposure to the commodity amid the growing battery metals revolution. Broker Stifel GMP has taken a closer look.
It has been shown that dependencies are a dilemma, especially in times of crisis. Australia wants to take a new path. Supply chains are now being planned in Australia that will do without China. Dependence on critical raw materials from China is a dangerous thing for the West, as Australia sees it. Yet the country relies on processing key raw materials at home. China as the dominant factor in the global competition for raw materials for electromobility and renewable energies should be eliminated