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Australia and Canada Forge Critical Minerals Alliance Amid China's Controls

11/3/2025

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Story summary
  • Australia signs a critical minerals agreement with Canada, signaling stronger supply-chain cooperation.
  • This follows a significant deal with the United States aimed at countering China's dominance in the sector.
  • The United States and Australia plan to invest nearly AUD$5 billion, with recoverable resources valued over AUD$80 billion.
  • Resources Minister Madeleine King emphasizes collaboration to support economic growth and security.
  • China has imposed stricter export controls on rare earths.