Cyclone damage shuts Jadestone's Stag oil field off WA
The London-listed company may not have fully disclosed to the regulator the full extent of damage to its field off the Pilbara coast.
Rare earths are 17 heavy metal elements that are often commonly found but in trace quantities that are difficult to extract. They include scandium used in aluminium alloys and neodymium for high-performance magnets.
Extraction of the critical mineral found in the waste from making alumina from bauxite could curb China's 98 per cent share of global production.
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