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flag Australia and the U.S. signed a deal in Oct 2025 to secure rare earth supplies, reducing dependence on China.

flag In October 2025, Australia and the U.S. signed an agreement to secure critical mineral and rare earth supply chains, reducing reliance on China amid concerns over its export controls and market dominance. flag The move is part of a global trend, with interest from Europe, Japan, South Korea, and Singapore in similar partnerships. flag Market volatility followed confusion over a U.S. deal with MP Materials guaranteeing a $110-per-kilogram rare earth price, which analysts clarified was not a broad policy.

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