US, Australia Sign US$2B Rare Earths Deal To Reduce Reliance on China

TaiwanPlus News 2025-10-21

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The US and Australia have signed a US$2 billion deal to boost mining and processing of critical minerals like lithium and nickel, and reduce reliance on China for those materials. Australian Prime Minister Anthony Albanese and US President Donald Trump signed the pact on Monday at the White House.

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