Australian Prime Minister Anthony Albanese came to the White House Monday offering cheaper access to the continent’s rare earth minerals and an invitation to visit to play golf. President Donald Trump gifted his fellow world leader a pledge to not only honor a Biden-era agreement on nuclear-powered submarines,

Reserves of critical minerals are front and center as President Donald Trump holds his first formal meeting with Australian Prime Minister Anthony Albanese on Monday.

President Donald Trump and Australian Prime Minster Anthony Albanese signed an $8.5 billion deal Monday to provide the U.S. access to rare earths and critical minerals. Australia is one of the few countries aside from China that has the capacity to process rare earths,

The $8.5-billion deal comes as the White House seeks to reduce reliance on Chinese supply chains and as Australia looks to shore up ties with the U.S.

President Donald Trump and Australian Prime Minister Anthony Albanese have signed a significant critical-minerals deal at the White House, as the U.S. seeks to secure Australia ’s rich rare-earth resources amidst China’s increasingly stringent export regulations.

The United States and Australia have extended financial support to several Australian companies as part of a wide-ranging critical minerals agreement signed on Monday with an aim of countering China's hold over the industry.

Australia is capable of engaging with the Trump administration while stabilizing relations with China, Treasurer Jim Chalmers said, reiterating the center-left government’s policy of balancing the fractious superpowers.

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

The deal to develop critical mineral supply chains between the United States and Australia is not quite the game-changer needed to end Western reliance on China, but it is an important first step.

Matt Richardson is preparing for his maiden track cycling World Championships since his surprise switch from Australia to Great Britain.

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