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Morrison ministers backing Iluka rare earths hub


Morrison ministers backing Iluka rare earths hub
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The Morrison government has thrown its support behind an Iluka Resources plan to develop the first fully integrated rare earths supply chain on Australian soil and in doing so create a processing hub for third-party miners.
A letter signed by Trade Minister Dan Tehan and Resources Minister Keith Pitt reveals they met the Iluka board to discuss the rare earths plans in March and formed the view it was a project worthy of backing.
Iluka has yet to put a price tag on the project but Goldman Sachs has estimated it will cost the company about $1.2 billion for a cracking and leaching plant, a refinery producing 20,000 tonnes of rare earths oxides a year and to develop the Wimmera mine in Victoria. ....

Northern Territory , Western Australia , New South Wales , United States , Tom Oleary , Export Finance Australia , Arafura Resource , Tomo Leary , Ministers Pitt , வடக்கு பிரதேசம் , மேற்கு ஆஸ்திரேலியா , புதியது தெற்கு வேல்ஸ் , ஒன்றுபட்டது மாநிலங்களில் , டோம் ஒலோரி , ஏற்றுமதி நிதி ஆஸ்திரேலியா , அரபுரா வள , டோமோ லீரி , அமைச்சர்கள் குழி ,