Mining Boss Reveals How Australia Can Fight CCP’s Rare Metal Monopoly

Lynas Rare Earths CEO said Australia should produce more mining engineers, consider tax credits and push for more purchases from non-Chinese supply chains.

Amanda Lacaze, Lynas CEO and managing director, speaks at the Sydney Energy Forum in Sydney, Australia, on July 12, 2022. Brook Mitchell/Pool/AFP via Getty Images

Australia and its allies may have to embrace market intervention to combat decades of inaction that let China gain a stranglehold on critical raw materials, an outgoing mining boss says.

Lynas Rare Earths CEO Amanda Lacaze told the National Press Club on May 6 that Australia should produce more mining engineers, consider tax credits and push for more purchases from non-Chinese supply chains.