Part 6/8:
Australia, home to some of the richest deposits of rare earth materials, is gradually being seen as a strategic asset. The Australian government has stepped in to support local suppliers heavily reliant on these critical materials, echoing calls from industry experts emphasizing the need for a complete supply chain, not just mining operations.
In other news, Thailand’s tourism sector is facing challenges following a powerful earthquake in neighboring Myanmar, which has caused safety concerns among international travelers. The Zongclan holiday, a peak tourist period, is anticipated to be impacted, resulting in a notable decrease in foreign arrivals and overall spending.