Australia’s big move to take part of China’s ‘monopoly’
Australia has made a big move to stake a claim in an industry that’s been dominated by China for years.
The Tasmanian Government has offered $10 million in funding to help a tungsten mine reopen on King Island in Bass Strait, around 80km northwest of the island state.
The Dolphin Tungsten Mine, owned and operated by the ASX-listed company King Island Scheelite, has been closed for almost 30 years.
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