Toward Programme
US magnesium squeeze puts LMG in spotlight - The Australian
Why it matters
Magnesium is a critical input for aerospace, defence, and automotive manufacturing. A US supply squeeze that elevates Lynas Rare Earths (LMG) as an alternative supplier strengthens Australia's strategic leverage in resource sovereignty and reduces dependence on concentrated foreign sources, particularly relevant to defence industrial base resilience. This development supports Australia's decoupling agenda and positions domestic rare-earth capacity as a geopolitical asset in allied supply chains.
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