US and Australia Forge $8.5 Billion Critical Minerals Partnership to Counter China’s Dominance
In a strategic move to counter China’s control over the global rare earth market, the U.S. and Australia have committed billions to critical minerals projects. The agreement aims to secure supply chains vital for modern technology and military systems.
Strategic Alliance Forms Against Rare Earth Dominance
The United States and Australia have reportedly established a significant framework agreement to bolster their critical minerals supply chains, according to sources familiar with the matter. The deal, signed by President Donald Trump and Australian Prime Minister Anthony Albanese in the White House Cabinet Room, commits up to $8.5 billion toward projects related to rare earth mineral production and processing.
