China's controls apply to all countries but were widely seen as retaliation to US President Donald Trump's tariffs. Albanese said Australia would prioritise minerals that are key to its security, and that of its partners, including rare earths. But could his plan challenge China's dominance?
fredag 25. april 2025
China has halted rare earth exports, can Australia step up?
Australia's prime minister Anthony Albanese has pledged to invest A$1.2bn (£580m) in a strategic reserve for critical minerals if he wins next month's election, as trade tensions escalate. The announcement came after China imposed export restrictions on seven rare earth elements, essential to the production of advanced technologies - including electric vehicles, fighter jets, and robots.
China's controls apply to all countries but were widely seen as retaliation to US President Donald Trump's tariffs. Albanese said Australia would prioritise minerals that are key to its security, and that of its partners, including rare earths. But could his plan challenge China's dominance?
China's controls apply to all countries but were widely seen as retaliation to US President Donald Trump's tariffs. Albanese said Australia would prioritise minerals that are key to its security, and that of its partners, including rare earths. But could his plan challenge China's dominance?
