Oct 24, 2025 ~ 'Trump Signs Rare Earths Deal with Australian PM Anthony Albanese During White House Meeting'
"President Donald Trump and Australian Prime Minister Anthony Albanese signed a rare earths and critical minerals deal Monday at the White House during Trump’s latest bilateral meeting with yet another world leader."
Albanese called it an “$8.5 billion pipeline that we have ready to go.” He also said the deal will include joint activities and U.S. investment in Australia, which includes processing:
"There will be a billion dollars contributed from Australia and the United States over the next six months with projects that are immediately available. There’s three groups of projects, ones that are joint activities between Australia and the United States, such as Alcoa. Secondly is projects that will be US investment that the US will undertake in Australia, including processing and then ones that Australia will undertake some as well." [Economy, Trump Win]