Announcement
01 Mar 2023
In March 2023, the Australian government prohibited a Chinese‑linked investment fund to increase its stake in an Australian rare earth producer. According to media reports, the action affected Yuxiao Fund's planned investment into Northern Minerals.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
01 Mar 2023
Revocation date:
No revocation date
Updated: 01 Mar 2023
FDI: Entry and ownership rule
In force
On 1 March 2023, the Australian government prohibited a Chinese‑linked investment fund to increase its stake in an Australian rare earth producer. The decision was taken by the Treasury upon the recom...
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