Australia orders six Northern Minerals investors to divest stakes
2026-05-19
Australia has mandated six China-linked investors to divest approximately 17% of their shares in Northern Minerals within two weeks, citing national interest concerns over attempts to gain control of the company. This action, following a similar intervention in 2024, underscores Australia's commitment to securing its critical minerals supply chain, particularly for heavy rare earths like dysprosium and terbium from the pivotal Browns Range project, central to Western nations' efforts to reduce dependency on China.
