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US Awards Alcoa $174 Million for Australian Gallium Processing Plant
The United States Department of Defense has granted Alcoa a 174 million dollar contract to develop a critical minerals processing facility in Australia. The investment aims to secure domestic supply chains for gallium and reduce strategic dependence on Chinese manufacturing.
31 Aug, 23:16 — 1 Sept, 06:24
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bloombergHigh20h ago
US Funds Alcoa Gallium Plant in Australia to Cut China Reliance
The US Department of War said it will provide $174 million in financing to Alcoa Corp. to build a gallium plant at its alumina refinery in Western Australia, as Washington seeks to reduce its reliance on China for critical minerals.
By Paul-Alain Hunt
Read full article →seeking-alphaMixed13h ago
US Department of War awards Alcoa $174M to build Australian gallium facility, curbing dependence on China
Read full article →Coverage Timeline
First report: bloomberg · 31 Aug, 23:16|Full coverage: 2 · 7h|Window: 7h
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