Can a U.S.-Australia Deal on Rare Earths Counter China’s Dominance?
Australia’s got reserves and mining expertise, and the United States is eager to invest in alternatives to China. But building mines, refineries and factories could take years.
Australia’s got reserves and mining expertise, and the United States is eager to invest in alternatives to China. But building mines, refineries and factories could take years.
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The United States hopes to become less dependent on China by increasing access to mineral-rich countries. Rare earth metals are vital to an array of modern industries.