EU agrees mineral supply targets to cut reliance on China
The agreed rules set targets for the region to mine 10% of the critical raw materials it consumes, such as lithium, and for the first time copper and nickel.
The goal of a mineral supply agreement is that countries that have limited access to the raw materials needed to transition to a green economy are not left behind.
Hancock Prospecting took around half of a A$121 million placement by Arafura last week aimed at raising capital to develop the Nolans rare earths project.