The USA and Australia have signed an agreement worth 8.5 billion dollars to boost the supply of rare minerals, countering China's dominance in the market.

The Australian Prime Minister, Anthony Albanese, announced that the agreement will support projects worth 8.5 billion dollars, which will expand mining and processing capabilities in Australia. The agreement includes an initial investment of 1 billion dollars from both countries in the next six months. Albanese also emphasized that this partnership will be strengthened, considering the collaboration that began during Trump's first term.

At the same time, Trump commented on the AUKUS agreement regarding submarines, ensuring that Australia will receive this equipment. China currently controls a large part of the mining and processing of rare minerals, making this agreement crucial for the economic and military security of the US and Australia.