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Rare earths rebuff for China-linked fund amid FIRB probe

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Northern Minerals has rejected an attempt by Chinese interests to gain access to its books, including marketing contracts, amid a deepening dispute over a strategically important rare earths project in Western Australia.

The Yuxiao Fund, which is accused of a covert attempt to gain control of the rare earths company, also sought to remove Northern Minerals executive chairman Nick Curtis.

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Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com

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    Original URL: https://www.afr.com/companies/mining/rare-earths-rebuff-for-china-linked-fund-amid-firb-probe-20231130-p5enzt