A $200 million investment in Arafura Rare Earths will build local industry and should not be conceived as a one-off payment to a mining company, according to National Reconstruction Fund Corporation chair Martijn Wilder.
Mr Wilder made the comments as Industry and Science minister Ed Husic announced the investment on Wednesday to help crowd-in private investment for Australia’s first ore-to-oxide, rare earths processing facility and mine over the next six …
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