Washington is seeking to offset Beijing’s control over strategic minerals supply chains
US President Donald Trump and Australian Prime Minister Anthony Albanese struck a deal on Monday aimed at expanding America’s access to critical minerals.
Under the agreement Washington and Canberra will each invest over $1 billion in mining and processing projects in Australia over the next six months, part of Washington’s strategy to reduce reliance on China for key resources.
China accounts for nearly 70% of the global production of critical minerals, which are essential for advanced technologies, including electric vehicles, semiconductors and weapons…
Read the full article at RT.COM
