Australia Pitches to Be US Fix for China’s Rare Earths Curbs
Australia pitches itself as a solution to China's rare earth supply restrictions for the United States and other countries. Prime Minister Scott Morrison will meet with President Donald Trump to present Australia's extensive resource holdings as an alternative to China's dominance in critical minerals. The US and its allies are actively seeking to diversify their supply of rare earth elements, which are crucial for various high-tech industries, amid concerns over China's potential use of these resources as leverage in trade disputes. Australia, with its significant rare earth reserves, is positioning itself as a reliable and stable supplier to help address the global dependence on China for these critical materials. The meeting between the Australian Prime Minister and the US President aims to explore ways to strengthen cooperation and secure alternative sources of rare earth elements.
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