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Australia challenges China in mining for essential elements


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In the blood red dust of central Australia, mining firm Arafura is planning to build a mine and processing facility for highly sought-after elements.

Located 80 miles north of Alice Springs, the Nolans Project will be in one of the hottest and driest parts of the country.

Despite the extreme conditions, Arafura believes the investment will be worth it. The planned mine and processing facility could satisfy up to 5% of global demand for neodymium and praseodymium (NdPr), which are used in high-power magnets.

https://www.bbc.com/news/business-62760354

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