This is a Australia news story, published by BNN, that relates primarily to Vital Metals Ltd. news.
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critical minerals sectorBNN
•74% Informative
Australia 's Vital Metals Ltd. will sell stockpiled rare earth materials to the Saskatchewan Research Council for $3 million .
The deal prevents the company from selling its production to a Chinese buyer.
Canada recognizes the rare earths mine as a “strategic asset that contributes to the country’s prosperity and critical mineral goals,” the company says.
The intervention is part of a wider push to block Chinese firms from delving further into the critical minerals sector.
VR Score
80
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84
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