BusinessEnergy Policy

Australia Considers US Critical Minerals Deal with $777 Million Rare-Earth Fund

Australia is exploring minimum prices for critical minerals and a A$1.2 billion strategic fund as part of potential US partnership. The proposal includes government-backed loans and direct investment in rare-earth projects to strengthen supply chains.

Australia is actively considering establishing minimum prices for critical minerals and investing in new rare-earth projects as part of a potential comprehensive resources agreement with the United States, according to a leaked government brief reported by The Age. The proposed partnership includes creating a A$1.2 billion ($777 million) strategic minerals reserve and implementing price floors to protect Australian producers from market volatility while securing essential supply chains for both nations.

Strategic Minerals Partnership Details