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U.S. and Australia ink $8.5B deal for critical minerals, boosting clean energy, defense, and supply chain security.
Trump and Australian Prime Minister Anthony Albanese signed an $8.5 billion critical minerals agreement to reduce dependence on China, focusing on joint investment in rare earth and essential mineral processing, including a U.S.-funded gallium refinery in Western Australia.
The deal strengthens supply chain resilience for clean energy, defense, and technology sectors; reaffirms support for the AUKUS security pact, with Australia set to receive Virginia-class submarines from the early 2030s; and includes separate defense contracts for Anduril unmanned underwater vehicles and Apache helicopters.
While no tariff exemptions were granted, officials called the outcome a success, reflecting strengthened strategic and economic ties.
EE.UU. y Australia firman un acuerdo de $8.5B para minerales críticos, impulsando la energía limpia, la defensa y la seguridad de la cadena de suministro.