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US and Australia sign critical-minerals agreement as a way to counter China
President Donald Trump and Australian Prime Minister Anthony Albanese signed a critical-minerals deal at the White House on Monday as the U.S. eyes the continent’s rich rare-earth resources when China is imposing tougher rules on exporting its own critical minerals abroad. The two leaders described the agreement as an $8.5 billion deal between the allies. Trump said it had been negotiated over several months. “In about a year from now we’ll have so much critical mineral and rare earth that you won’t know what to do with them,” said Trump, a Republican, boasting about the deal. “They’ll be worth $2.” ... (full story)
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TRUMP, AUSTRALIAN PRIME MINISTER SIGN CRITICAL MINERALS AGREEMENT TRUMP ON AUSTRALIA: WILL TALK ABOUT TRADE, SUBMARINES TRUMP ON AUSTRALIA: WILL ALSO DISCUSS MILITARY EQUIPMENT TRUMP ON AUSTRALIA: WILL ALSO DISCUSS CRITICAL MINERALS, RARE EARTHS TRUMP: WE'LL HAVE SO MUCH RARE EARTH MATERIAL IN ABOUT A YEAR
From finance.yahoo.com | Oct 20, 2025
President Trump and Australian Prime Minister Anthony Albanese signed the framework of the critical minerals deal Monday that aims to boost US access to both the mining and processing of Australian rare earth resources. It was a move aimed squarely at China — which recently moved to choke off its own rare earth mineral exports — and is set to be just the ...
From cnbc.com | Oct 20, 2025
Shares of some of Australia’s largest critical metals and rare earths companies surged on Tuesday following the announcement of a massive minerals deal between Washington and Canberra worth up to $8.5 billion. The agreement — signed by U.S. President Donald Trump and Australian Prime Minister Anthony Albanese on Monday — includes funding for multiple ...
