IGO News: Australia signs land deal for proposed battery material plant - 14th Apr 2023, 12:56pm

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SYDNEY (Reuters) - The state of Western Australia will allocate land to a battery metal processing facility proposed by IGO Ltd and Wyloo Metals, which is backed by billionaire Andrew Forrest, as the country pushes to process more critical minerals at home.

Australia, which supplies nearly half the world's lithium and is a major producer of rare earths, wants to move up the critical mineral value chain to reduce the global reliance on China, which dominates the sector.

The proposed facility in...

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