Analysis
Taxpayers have just made a $1.65b bet on a rare earths green premium
It’s the recipient of the second-biggest government loan in history. For the Eneabba project to succeed, everything about how minerals are priced must change.
Peter KerResources reporterThe failed campaign to hand Australian nickel a so-called green premium is barely over. But politicians and miners are already making a fresh bet that foreign customers will voluntarily pay overs for our critical minerals
That much was clear from Friday’s Eneabba rare earths update. The refinery is now the recipient of the second-biggest taxpayer loan in history after receiving an additional $400 million from Export Finance Australia.
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