Australia has scored a "big win" in its effort to dislodge China's grip on high-tech supply chains after a Gina Rinehart-backed rare earths miner gave the green light for its flagship project.
Arafura Rare Earths' final investment decision to build its Nolans Project - which will be Australia's first fully integrated ore-to-oxide rare earths operation - in the Northern Territory marks a major milestone as the West seeks to reduce its economic reliance on China.
