Australia grants further $258 million in funding for Iluka's rare earths refinery

Australia grants further $258 million in funding for Iluka's rare earths refinery

The Australian government will provide A$400 million in funding for Iluka Resources' rare earths refinery in Western Australia. The refinery aims to produce rare earths for tech applications by the end of 2026, reducing reliance on China. Iluka will contribute A$214 million in equity.

Read More

Did you find this insightful?