January 16, 2026–Written by Martin Lynch for Industrial Info Resources (Galway, Ireland, Texas)–The Australian government is moving forward with its A$1.2 billion (US$800 million) plan to buy and stockpile strategic critical minerals essential for clean-energy and high-technology manufacturing as well as advanced military equipment. The aim of the Critical Minerals Strategic Reserve (CMSR) will be to allow Australia to secure its own supplies, reduce its reliance on China and become a leading supplier of critical minerals to the European Union (EU), U.S. and others.
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