US-Australia sign rare earths partnership to counter China’s dominance

Core Viewpoint - The United States and Australia have established a new agreement to enhance the supply of rare earths and critical minerals, addressing concerns over China's market dominance [1] Group 1: Agreement Details - The agreement aims to strengthen the supply chain for rare earths and other essential minerals [1] - This initiative is part of broader efforts by the Trump administration to secure strategic access to these materials [1] Group 2: Strategic Importance - Rare earths and critical minerals are crucial for defense applications, highlighting their strategic importance [1]