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Trump, Australian PM sign $8.5B critical minerals deal to counter China dominance in rare earths

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8 hours ago

President Donald Trump and Australian Prime Minister Anthony Albanese on Monday signed an agreement on rare earths and critical minerals as the two allies look to stabilize global supplies amid China's efforts to clamp down on its control over the market.Trump and Albanese met at the White House for their first summit and Trump said the deal was negotiated over the past four or five months ahead of the announcement. Albanese said it's an $8.5 billion pipeline "that we have ready to go."Reuters reported that, according to a copy of the agreement provided by the prime minister's office, the two...

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