VHM goes all-in with full-scale Australian mineral sands-REE mine

AI Briefing

• – Staged plan for Australian miner VHM to develop a full-scale mineral sands-REE mine in Western Australia has been scrapped.
• – The project will instead move forward with a full-scale operation to capture a share of the growing demand for rare earth elements (REE) in the region.
• – Goschen, the company behind the project, is positioning itself to benefit from the Western Australian government's efforts to align the state's mining industry with the country's growing trade relationships with countries including the US and Japan.