An Australian company that runs a strategically crucial heavy rare earth project has been targeted in a suspected cyber attack just hours after Treasurer Jim Chalmers ordered Chinese investors be removed.
On Monday Mr Chalmers instructed Yuxio Fund and four other international companies linked to China to divest their shares in Northern Minerals which operates the Browns Range mine in Western Australia's Kimberley region.
"The decision, based on advice from the Foreign Investment Review Board, is designed to protect our national interest and ensure compliance with our foreign investment framework," Mr Chalmers said in a statement. In a message posted to a data leak site, the hacker identified as "Bian Lian" boasts of having stolen operational, strategical, financial and personal employee data from Northern Minerals Limited.
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