U.S.-Australia sign rare earths deal

The United States and Australia have signed a landmark deal to boost
U.S. access to rare earths and other critical minerals, as Trump
looks for ways to circumvent China’s grip on supply chains

GLOBAL RARE EARTH METAL RESERVES (metric tonnes)

China
44.0m

Brazil
21.0m

India
6.9m

Australia
5.7m

Russia
3.8m

Thailand: 4,500

Canada: 830,000

South Africa: 860,000

Tanzania: 890,000

Greenland: 1.5m

U.S.: 1.9m

Vietnam: 3.5m

OPERATING MINES

(all types – coal, iron etc)

AUSTRALIA

CAIRNS
BRISBANE
SYDNEY
CANBERRA
MELBOURNE
ADELAIDE
PERTH

Yangibana
Mount Weld
Browns Range
Dubbo
Nolans Bore

Rare earths mines, 2024

Note: Australia also hosts 89 active
rare earth exploration projects

Total
reserves
90.9m

Australian
PM Anthony
Albanese meets
President Trump at
White House (above)

Sources: Bloomberg, CSIS, Australian Government
Picture: Getty Images
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