The US is set to invest $400 million into a tiny Australian town. Here’s why
- The town of Fifield near Parkes is about a six-hour drive west of Sydney, and at the last census was home to about 130 people.
- Now, the town has found itself at the center of a major strategic play by the United States government.
- The US Department of War has committed to make a conditional loan of $400 million to Sunrise Energy Metals, an Australian mining company hoping to deliver the world’s first supply of a key critical mineral outside of China.
Unverified
- The town of Fifield near Parkes is about a six-hour drive west of Sydney, and at the last census was home to about 130 people.
- Now, the town has found itself at the center of a major strategic play by the United States government.
- The US Department of War has committed to make a conditional loan of $400 million to Sunrise Energy Metals, an Australian mining company hoping to deliver the world’s first supply of a key critical mineral outside of China.
Sources: The Independent