Chalmers orders China-linked rare earths investors to divest

By Samantha Bawden

Monday, 18 May 2026
NewsPolitics & Regulation
Federal Treasurer Jim Chalmers has ordered six Northern Minerals (ASX: NTU) shareholders to sell down interests comprising about 18% of the company, citing national interest concerns.

The MOU supports Metallium’s plan to develop a national network of e-waste processing facilities, strategically located near major e-waste collection hubs, rapidly expanding U.S. data centre industrial parks and regional industrial corridors with strong logistics and waste generation.

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