How China's Heavy-Handed Rare Earths Threat Backfired
8 Articles
8 Articles
Rare earths deal boosts some mining shares as ASX hits record
The Australian sharemarket hit a record high for a second time in a week as the US and Australia strike a rare earths supply deal, but it was BHP that was a real stand out today. SBS Finance Editor Ricardo Gonçalves speaks with Catherine Allfrey from Wavestone Capital to find out if the sector is worth the hype and what else is driving investors.
US and Australia Team Up to Loosen China’s Grip on Rare Earths
The United States and Australia have signed a major agreement aimed at securing supplies of rare earths and critical minerals, a move designed to reduce reliance on China, which currently dominates the global market for these vital resources. The new framework, signed by President Donald Trump and Prime Minister Anthony Albanese at the White House, outlines plans for both countries to invest heavily in mining and processing projects while streng…
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