A corporate drama in Australia has high stakes for the West’s quest to build a critical minerals supply chain independent of China.
An aerial photo of Northern Minerals’ Browns Range mining complex in the East Kimberley Region, Western Australia. Credit: Northern Minerals
Northern Minerals may be a small fish in the big pond of Australian mining companies, but it has recently become ensnared in a corporate tussle that has forced the country’s government to risk its relations with China.
A document signed by Jim Chalmers ordering a group of investors to reduce their holdings in Northern Minerals, June 2, 2024. Credit: Australian Government
Earlier this month, Australia’s Treasurer Jim Chalmers ordered a group of investors linked to a Chinese minin
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Taiwan is almost entirely dependent on imported fossil fuels for its power supply — a critical weakness in the event of a Chinese blockade. But the very democratic forces on the island that China would be seeking to destroy through forced unification are also standing in the way of the obvious solution: aggressive investment in nuclear power and renewable energies.
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