As part of the deal, the two countries will jointly invest $3 billion in critical mineral projects over the next six months, aiming to unearth minerals worth an estimated $53 billion, according to the White House. The Pentagon will also invest in an advanced refinery in Western Australia to mine the mineral gallium.
Australian Prime Minister Anthony Albanese became the latest leader to use critical minerals as a fast-track into U.S. President Donald Trump’s good graces, signing a deal during his visit to Washington on Monday that will give the United States greater access to Australia’s critical mineral reserves and infrastructure.
Australian Prime Minister Anthony Albanese became the latest leader to use critical minerals as a fast-track into U.S.
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