Shares of Australian rare earth companies surge on $8.5 billion U.S. critical minerals deal

U.S. President Donald Trump, and Anthony Albanese, Australia's prime minister, shake hands outside the West Wing of the White House in Washington, DC, US, on Monday, Oct. 20, 2025.Shares of some of Australia's largest critical metals and rare earths companies surged on Tuesday following the announcement of a massive minerals deal between Washington and Canberra worth up to $8.5 billion.The agreement — signed by U.S. President Donald Trump and Australian Prime Minister Anthony Albanese on Monday — includes f ...