Opinion
Australia’s first rare earths refinery could be just the start
Taxpayers have loaned $1.25 billion for the facility at Eneabba in Western Australia. That’s a big step, but greater possibilities await.
Tom O'LearyAs the energy transition intensifies, the rare earths needed for the electrification of the global economy are paramount and Australia is competing with other countries to build a domestic rare earths industry.
Electrification requires two key things – batteries and motors. A lot has been written about batteries and the lithium that goes into them. Rare earths, on the other hand, are the building blocks of electric motors.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Economy
Fetching latest articles