The United States senate- Ted Cruz proposes legislation to revive the domestic rare earth metals and end the dependency for rare earth minerals on China with tax breaks for mine developers and manufacturers.
- The United States attempts to break China’s dominance in the rare earth metals space, as China remains the largest global processor of rare earths.
- The legislation introduced Senator, if accepted, would allow rare earth miners to net off from their tax bill, the costs of building rare earths mines.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.