US Announces $400M Investment in Australian Rare Earth Mine to Secure Scandium Supply

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International Relations

8 August 2026 at 4:22 pm

US Announces $400M Investment in Australian Rare Earth Mine to Secure Scandium Supply

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Summary

The US has announced a $400 million investment in an Australian rare earth mine, aiming to secure scandium supply amidst China's export restrictions on defense products.

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