Rishi Iyengar
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.
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.
An illustration shows the back of a person wearing a graduation cap with a globe motif on it. A hand reaches in to move a locator pin on the top of the cap/map.
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