Asking the right questions about critical minerals
Chinese investment is needed to promote security of supply
|Stephen Kirchner||Apr 28|
Malcolm Brennan, Intan Eow and Paul Schroder from KWM have an op-ed in the AFR questioning the Treasurer’s decision to block Chinese equity participation in Australian-listed critical minerals companies. They ask the obvious question:
As David Uren noted in his report for USSC on critical minerals, Chinese investment may be exactly what’s required to underpin the development of the industry, with benefits to the security of supply.
In a strategic sense, what matters is a diversity of sources supply, particularly that located in relatively stable jurisdictions like Australia and the US. It should be possible to structure Chinese equity participation in ways that support the development of the industry in Australia, without compromising national security.