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On the US-Australia #criticalminerals agreement signed yesterday, Pini Althaus, CEO of Cove Capital LLC, told Josh Funk of The Associated Press it will be crucial that the contracts to buy materials from Australian #mines include price floors, similar to what the U.S. government promised #MPMaterials this summer, to protect against #China manipulating prices. “I think taking away that arrow in the quiver of China to manipulate pricing is an absolute crucial first step in Australia and the West being able to develop critical minerals projects to meet our #supplychain demands,” he noted. He added that, since #Australia can’t supply everything the #UnitedStates needs, it is crucial that America continues to invest in the long-term effort to develop other mining and processing projects both at home and in friendly nations. #CentralAsia might be one of the most promising places to invest, he said, because the region has significant #rareearth reserves, and the Soviet Union already did some of the initial development work when it controlled that territory. That could cut years off the time it will take to build a new mine there. Read the full article here: https://lnkd.in/eJkeQ8YE #NationalSecurity Kaz Resources LLC #techmetals #mining #Kazakhstan #Uzbekistan Cricket Public Relations
Excuse our flippancy..but Australia beating China at its own game (disinformation) is laughable