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Australia Passes Law for Fuel Stockpiling and Rare Earths Trading

Primul articol: 1 apr. 2026, 06:01 | Ultima actualizare: 1 apr. 2026, 06:01 | 1 sursa | 1 articol

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Australia has passed a new law that allows the country to trade and stockpile fuel in conjunction with rare earth minerals. This legislation is designed to enhance Australia's energy security by ensuring a readily available fuel supply. It also aims to capitalize on the growing global demand for rare earth elements, which are crucial for various technologies.

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Australia Passes Law to Trade, Stock Fuel Alongside Rare Earths Foto: Bloomberg
Bloomberg English 1 apr. 2026, 06:01 (acum 3 ore)

Australia Passes Law to Trade, Stock Fuel Alongside Rare Earths

Australia’s parliament passed legislation empowering the country’s export credit agency to physically buy, stockpile and sell fuels alongside critical minerals including rare earths, as the country suffers energy shortages triggered by the Middle East conflict.

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