US and Australia look to de-risk China’s rare earth supremacy

US foreign policy continues to demand what US miners struggle to deliver.

China’s growing commodity supremacy is being met with resistance by the US courtesy of Australia, after the US Department of Defense (DoD) revealed it was in talks with Australian officials about hosting a rare earth processing facility.

During a press conference on Monday this week, a Pentagon official answered questions regarding the broad span of US foreign policy, including the likelihood of partnering with countries such as Australia and Canada given the close political ties the countries share.

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Written by George Tchetvertakov
Published by Small Caps