Japan’s two biggest steelmakers are already spending a combined $1.3 billion to lift output of so-called electrical steel used in EV motors, and are now looking to raise that further.
The move would mark a novel approach, as the US and EU would seek to use tariffs -- usually employed in trade disputes -- to further their climate agenda.
The center is home to companies and researchers developing commodities like asphalt, graphene, graphite, agricultural char, carbon fiber and more — using coal and coal byproducts.
Hancock Prospecting took around half of a A$121 million placement by Arafura last week aimed at raising capital to develop the Nolans rare earths project.