Australia is estimated to have at least five percent of the world’s reserves of rare earths. The agreement underscores how the u.s The us and australia have signed a deal intended to boost supplies of rare earths and other critical minerals, as the trump administration looks for ways to counter china's dominance of the market.
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The us and australia have signed an $8.5 billion critical minerals pact to counter china’s dominance in rare earths
President donald trump and australian prime minister anthony albanese have signed a deal for $8.5 billion in rare earth minerals, as a counterpoint to china’s new export restrictions.
Beijing recently said it would tighten rare earth exports, prompting the us to impose further tariffs on chinese goods Now, australia and the us are looking to counter china's dominance of the.
