Australia and U.S. Sign $8.5B Minerals Deal Amid Diplomatic Tensions

1 min read
Source: CNBC
Australia and U.S. Sign $8.5B Minerals Deal Amid Diplomatic Tensions
Photo: CNBC
TL;DR

Shares of Australian critical metals companies surged following an $8.5 billion US-Australia minerals deal aimed at boosting supply for defense and energy, with significant investments and project funding announced to diversify supply chains and reduce reliance on China.

Share this article

Want the full story? Read the original reporting

Read on CNBC