The proposed mine straddles the West Australian and Northern Territory border on the Browns Range Dome and is expected to produce 279,000 kg of dysprosium a year over its 10-year mine life.
China' wants astronauts on the moon early 2020s. Filling one shuttle's cargo bay with helium-3 could bring the equivalent energy of 1bn barrels of oil back to earth.
The industry’s aggregate market capitalization improved for the sixth month in a row in June, reaching $1.75 trillion, the highest level since January 2013.