Treasurer Blocks Chinese Investment in Key Rare Earths Company 🇨🇳
Treasurer Jim Chalmers has prevented a Chinese fund from expanding its stake in a vital rare earths firm, highlighting ongoing concerns over strategic investments and national security.
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The Treasurer Jim Chalmers has quietly blocked a Chinese investment fund from increasing its stake in a strategically crucial rare earths firm. It's another sign that the government remains intent on building up trusted supply chains in the industry which is currently dominated by China
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2.5K
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Duration
4:59
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Published
Mar 1, 2023
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