Australia to provide $550 mln for country's first rare earths mine and refinery

Arafura Rare Earths

14/03/2024 24:06

SYDNEY, March 14 (Reuters) - Australia will provide up
to A$840 million ($550 million) for a combined rare earths mine
and refinery in the north of the country, to be operated by
mineral explorer Arafura  ARU.AX , Prime Minister Anthony
Albanese said on Thursday. 

($1 = 1.5088 Australian dollars)

 (Reporting by Melanie Burton; Editing by Jacqueline Wong)
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