. Military Space News .
TECH SPACE
Australia eyes rare earth deposits amid fears over China supplies
By Peter Williams
Perth, Australia (AFP) Aug 12, 2019

Australia will step up production of rare earths and other militarily sensitive "tech metals", the country's defence minister said Monday, as doubts grow over the reliability of Chinese supplies.

Linda Reynolds told an audience in Perth that resource-rich Australia had deposits that could safeguard supplies for allies including the United States and Britain.

So-called tech minerals are used in everything from smartphones and lasers to avionic systems and electronic warfare technologies. But trade tensions have led China to warn that supplies of could be choked.

China produces more than 95 percent of the world's rare earths, and the United States relies on it for upwards of 80 percent of its imports.

Reynolds stressed the importance of Western allies obtaining the metals from outside China.

"(In) Australia we have at least 40 percent of the known reserves of tech metals, whether it's lithium, cobalt, nickel, graphite but also most of the rare earths that our current technology and our lifestyles today relies on," she said.

She added that it had been discussed at length at recent Australia-US ministerial consultations and in discussions with British counterparts.

"What we want to do is make sure we have a guarantee of supply," she told reporters in Perth.

"A lot of our defence equipment and capability actually uses rare earths in its production."

The key issue for Australia, the US and other allies "is the continuity and guarantee of supply of these rare earths and tech metals as they're now called is an issue of national importance", she said.

Jeffrey Wilson, head of research at the Perth USAsia Centre, said there is roughly US$350 million global trade in rare earths per year, with China also having a disproportionate share of processed products such as carbonates and magnets.

In the case of dysprosium -- which can be used in magnets for electric vehicles or nuclear reactor rods -- it is 100 percent.

"China's near monopoly means there's no real genuine or reliable international market for rare earths trade," Wilson said.

"Its outsize market power also gives the Chinese government considerable scope to control and shape global trade patterns," he added.

Reynolds' comments followed news of a deal between German industrial giant Thyssenkrupp and a mining company developing a rare earths project in northern Australia.

Sydney-listed Northern Minerals announced Thyssenkrupp Materials Trading would take 100 percent of the heavy rare earth carbonate from its Aus$56 million Browns Range pilot plant project.

Northern Minerals had earlier terminated a two-year-old agreement with a Chinese firm.

The Australian company aims to develop the world's first significant producer of dysprosium outside of China.

str-arb/dm/dan

THYSSENKRUPP


Related Links
Space Technology News - Applications and Research


Thanks for being here;
We need your help. The Space Media Network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceMediaNetwork Contributor
$5 Billed Once


credit card or paypal
SpaceMediaNetwork Monthly Supporter
$5 Billed Monthly


paypal only


TECH SPACE
Could Mexico cactus solve world's plastics problem?
Guadalajara, Mexico (AFP) Aug 7, 2019
Mexico's prickly pear cactus, which is emblazoned on the country's flag, could soon play a new and innovative role in the production of biodegradable plastics. A packaging material that is made from the plant has been developed by a Mexican researcher and is offering a promising solution to one of the world's biggest pollution conundrums. "The pulp is strained to obtain a juice that I then use," said Sandra Pascoe, who developed the product and works at the Atemajac Valley University in the west ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TECH SPACE
Israel, US successfully test ballistic missile interceptor

Erdogan says Russian S-400 operational by April 2020

What do dragonflies teach us about missile defense?

Lockheed Martin gets $22.5M contract for Aegis upgrades

TECH SPACE
US wants to quickly deploy new missiles in Asia: Esper

Northrop Grumman nets $167M for full-rate AARGM missile production

Navy test fires Hellfire missile from littoral combat ship

North Korea fires short-range missiles in latest provocation

TECH SPACE
S.Korea tests drone delivery in remote regions

DLR conducts flight tests for gyrocopter drones

General Atomics to build parts, equipment for MQ-1C Gray Eagle drone

State Dept. approves $950M drone support services sale to South Korea

TECH SPACE
US Air Force awards contract for Enterprise Ground Services satellite operations

Russia launches Meridian military satellite from Plesetsk Cosmodrome

Army project may advance quantum materials, efficient communication networks

Newly established US Space Agency offers sneak peek at satellite layout

TECH SPACE
BAE nets $88M for early work to build new Army howitzers

BAE Systems wins $45M contract for howitzer modifications

Leidos Inc. awarded $66.7M for Air Force Research Lab C4ISR sensor work

Oshkosh Defense awarded $320M to supply FMTVs for U.S., allies

TECH SPACE
Cambodia buying 'tens of thousands' of Chinese weapons: PM

Bulgaria MPs overrule president's veto on fighter jet deal

Trump seeks to avoid slapping Turkey with sanctions over missile deal

Turkey convinced Trump wants to avoid sanctions over S-400

TECH SPACE
EU criticises 'militarisation' of South China Sea

Pompeo rips into China, urges ASEAN to trust in US

Brush off: Brazil leader snubs French minister for haircut

Pompeo says US not asking ASEAN allies to 'choose' on China

TECH SPACE
DNA origami joins forces with molecular motors to build nanoscale machines

DARPA Announces Microsystems Exploration Program









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.