EnergyTrade

US and Australia Forge $8.5 Billion Critical Minerals Partnership Amid Global Supply Chain Pressures

President Donald Trump and Australian Prime Minister Anthony Albanese have finalized a major critical minerals partnership. The agreement includes immediate $1 billion funding and a total project pipeline valued at $8.5 billion, according to reports.

Strategic Minerals Alliance Formed

The United States and Australia have solidified a significant critical minerals agreement featuring an $8.5 billion project pipeline, according to reports from the White House meeting between leaders of both nations. The partnership comes as global supply chain tensions escalate, with sources indicating the collaboration aims to reduce dependence on Chinese-dominated rare earths markets.

InternationalPolicy

China Expands Rare Earth Export Controls Amid Escalating Trade Tensions With US

China has expanded export controls on rare earth minerals and related technology, according to recent reports. The move has escalated trade tensions with the United States, with officials describing it as a “global supply-chain power grab.”

Expanding Export Restrictions

China has reportedly expanded its export controls on rare earth elements, adding five more minerals to the seven already restricted since April, according to the Ministry of Commerce. The new regulations cover not only the rare earths themselves but also equipment required for mining, smelting, and recycling operations. Sources indicate the controls extend to activities that could transfer rare earth expertise abroad, including teaching, employment, and consulting services.