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Australian rare earth miner surges as much as 29% after U.S. Department of War investment

CNBC

BusinessCNBC·Aug 10, 2026·1 min read

Australian rare earth miner surges as much as 29% after U.S. Department of War investment

The Trump administration has backed plans to build an Australian scandium mine as part of a push to challenge China’s critical-minerals dominance.

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