Tuesday, 21 October 2025

South Asian Update
South Asian Update

The World in Brief

US and Australia sign rare earths deal to counter China's dominance

 Published: 12:40, 21 October 2025

US and Australia sign rare earths deal to counter China's dominance

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.

Australian Prime Minister Anthony Albanese said the deal would support a pipeline of $8.5bn (A$13bn; £6.3bn) "ready-to-go" projects that would expand his country's mining and processing abilities.

Advertisement

Latest News

Most Popular