US and Australia Forge Agreement to Secure Rare Earth Supply Chains Against China

The US and Australia have signed a pivotal agreement to enhance cooperation in the rare earths sector, aiming to counter China's dominance in the market. This deal establishes a framework for investments in mining and processing, crucial for securing a stable supply of essential minerals. As global demand rises, this partnership strengthens economic ties and addresses geopolitical challenges, reducing dependency on China for critical resources used in technology and defense.