Executive Branch

US, Australia to Invest Over $3 Billion in Critical Minerals Over Next 6 Months

The deal comes amid China’s weaponization of global supply chains via significantly expanding its export controls on minerals.
US, Australia to Invest Over $3 Billion in Critical Minerals Over Next 6 Months
President Donald Trump greets Australian Prime Minister Anthony Albanese (R) at the White House on Oct. 20, 2025. Madalina Kilroy/The Epoch Times
Emel Akan
Emel Akan
Reporter
&
Travis Gillmore
|Updated:
0:00
WASHINGTON—U.S. President Donald Trump and Australian Prime Minister Anthony Albanese on Oct. 20 signed a rare earths agreement at the White House, outlining plans for both countries to jointly invest more than $3 billion in critical minerals projects over the next six months.

The White House announced that recoverable resources from these projects are valued at an estimated $53 billion, as both countries work to counter China’s global dominance in the sector.

Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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