Australian Strategic Materials: Inquiries for Rare Earths Increasing

Australian Strategic Materials: Inquiries for Rare Earths Increasing

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Wayground Content

FREE Resource

The video discusses the geopolitical dynamics of rare earths, focusing on China's market dominance and ASM's strategies to provide alternatives. It highlights Australia's critical minerals roadmap and ASM's collaboration with Korea to produce high-purity metals. The video also covers global support initiatives, including those from the Biden administration, and explores investment cycles and market dynamics in the rare earth sector.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the two main areas that the supply of rare earths is based on?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does China dominate the market for rare earths?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the 10-year plan released by Australia regarding critical minerals?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential benefits of producing rare earths in Australia compared to other regions?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the relationship between Korea and ASM influence their business strategy?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does government support play in the decisions made by ASM regarding their operations?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does ASM face in the investment cycle for rare earths?

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