ReferIndia News Australia Backs Smelters to Secure Critical Mineral Supply Chain

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Australia Backs Smelters to Secure Critical Mineral Supply Chain

Published on: Aug. 5, 2025, 9:55 a.m. | Source: Devdiscourse

Australia has pledged A$135 million to support Nyrstar's two smelters, aiming to strengthen its critical minerals position amidst reliance on Chinese supply chains. The funding aids the production of minerals like germanium and indium, while modernization efforts face high capital demands amid geopolitical tensions.

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