Asia Centric: AI to Make Australia the Lucky Country Once Again
Australia is emerging as a surprising beneficiary of new technological shifts, even as the country faces a growth hit from the Middle East war. Rapidly accelerating data construction is driving...
By Clara Chen · Bloomberg
Australia is emerging as a surprising beneficiary of new technological shifts, even as the country faces a growth hit from the Middle East war. Rapidly accelerating data construction is driving an unprecedented demand for copper, while battery solutions are fueling a massive consumption of lithium. Escalating geopolitical tension is also providing a powerful tailwind for rare earths as Western nations hunt for secure ex-China supply – all of which is highly positive for the country’s mining sect