U.S. and Australia sign $3B plus critical minerals deal

Good news! Rare earth metals are not rare! This is huge!

"President Donald Trump and Australian prime minister Anthony Albanese inked an agreement on Monday that will pump billions of dollars into critical minerals projects.

The U.S. and Australia will together contribute $3 billion to the projects over the next six months. The total project pipeline is worth $8.5 billion, the governments said.

As part of the deal, the U.S. Department of Defense will also invest in a gallium refinery in Western Australia capable of producing 100 tons per year. Currently, the U.S. imports approximately 21 tons of gallium, which represents 100% of domestic consumption ..."

U.S. and Australia sign $3B critical minerals deal | TechCrunch