Despite Indonesia being blessed with an abundance of natural resources, there has been limited foreign investment into greenfield projects within the nation. So plentiful are Indonesia’s resources, global mining companies regularly rank Indonesia highly in terms of coal and mineral prospectivity. However, one of the major roadblocks to greenfield projects in Indonesia, is accessibility.
Australia is at an economic crossroads. The perceived end of the mining boom and the disappearance of the last bastions of the traditional manufacturing sector have created uncertainty about Australia’s future and its place in the global economy.
Australian explorer Northern Minerals (ASX: NTU) is set to officially open their Pilot Plant on July 27 which marks a significant milestone in the Company’s goal of becoming the most significant producer of Dysprosium outside of China.