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A U.S. pivot to Australia for critical minerals

Los Angeles Times

|

October 21, 2025

President Trump and Australian Prime Minister Anthony Albanese signed a critical-minerals deal at the White House on Monday as the U.S. eyes the continent's rich rare-earth resources at a time when China is imposing tougher rules on exporting its own critical minerals.

- SEUNG MIN KIM AND AAMER MADHANI

A U.S. pivot to Australia for critical minerals

PRESIDENT Trump and Australian leader Anthony Albanese on Monday signed a deal aimed at countering China's restrictions on its own rare-earth exports.

The two leaders described the agreement as an $8.5-billion deal between the allies. Trump said it had been negotiated over several months.

“Today's agreement on critical minerals and rare earths is just taking” the U.S. and Australia’s relationship “to the next level,” Albanese added.

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