--- title: "Australia Considers Setting Price Floor for Critical Minerals to Boost Investment" type: "News" locale: "en" url: "https://longbridge.com/en/news/274753547.md" description: "Australia is considering a price floor for critical minerals to attract foreign investment in mining and processing. Resources Minister Madeleine King announced this initiative, supported by the Australian Export Finance Agency, during a critical minerals summit in Washington. Australia, the fourth-largest holder of rare earth reserves, aims to establish a critical minerals reserve valued at 1.2 billion AUD. Following the announcement, shares of mineral companies like Lynas Rare Earths and Iluka Resources saw significant increases, with Lynas rising by 6.9% and Sunrise Energy jumping by 10% in early trading." datetime: "2026-02-04T04:08:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/274753547.md) - [en](https://longbridge.com/en/news/274753547.md) - [zh-HK](https://longbridge.com/zh-HK/news/274753547.md) generator: "portal-rs" --- # Australia Considers Setting Price Floor for Critical Minerals to Boost Investment Australia is evaluating the establishment of a price floor for critical minerals, including rare earth elements, to attract foreign investment for new mining and processing projects. According to Jin10, as the world's fourth-largest holder of rare earth reserves, Australia is collaborating with other nations to consider setting minimum prices for these essential minerals, which are widely used in the defense and technology sectors. Australian Resources Minister Madeleine King announced at a press conference in Washington, D.C., that the policy would be supported by the Australian Export Finance Agency, the government's export credit institution. Currently, representatives from multiple countries are gathering in Washington for a critical minerals summit convened by the Trump administration. Similar to the United States, Australia plans to establish its own critical minerals reserve, albeit on a smaller scale, with an initial focus on procuring rare earth elements, antimony, and gallium. The reserve is valued at 1.2 billion Australian dollars (approximately 843 million USD). Following this announcement, shares of key mineral companies listed in Sydney saw an increase on Wednesday. Lynas Rare Earths surged by 6.9%, Iluka Resources rose by 5.2%, Arafura Rare Earths climbed by 6.3%, and Sunrise Energy experienced a 10% jump in early trading. ### Related Stocks - [KLR.AU](https://longbridge.com/en/quote/KLR.AU.md) - [LYSDY.US](https://longbridge.com/en/quote/LYSDY.US.md) - [IXR.AU](https://longbridge.com/en/quote/IXR.AU.md) - [SRL.AU](https://longbridge.com/en/quote/SRL.AU.md) - [LYC.AU](https://longbridge.com/en/quote/LYC.AU.md) - [ILU.AU](https://longbridge.com/en/quote/ILU.AU.md) - [AR3.AU](https://longbridge.com/en/quote/AR3.AU.md) ## Related News & Research - [ION: Project NPV surges on higher-grade feedstock and recovery, with U.S. expansion and funding secured](https://longbridge.com/en/news/298528646.md) - [Clean TeQ Water Wins FEED Engineering Contract for Syerston Scandium Project](https://longbridge.com/en/news/297979284.md) - [Lynas Rare Earths says it was in takeover talks earlier this year](https://longbridge.com/en/news/297857304.md) - [LYC: Record revenue, profit, and cash reserves driven by strong demand and strategic agreements](https://longbridge.com/en/news/296965387.md) - [Lynas Says Demand For Rare Earth Permanent Magnets In Outside China Markets Remains Strong](https://longbridge.com/en/news/296977222.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**