this post was submitted on 26 Oct 2025
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US, Australia sign rare earth, mineral agreement as China tightens supply (www.aljazeera.com)
submitted 2 weeks ago by Darkcommie@lemmygrad.ml to c/worldnews@lemmygrad.ml
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[โ€“] 201dberg@lemmygrad.ml 19 points 2 weeks ago (1 children)

That's a laughably small amount to start a large scale mining operation. lol. This is just shuffling money to some contractors to not do jack shit.

[โ€“] chesmotorcycle@lemmygrad.ml 11 points 2 weeks ago

Exactly. And even if it resulted in any actual production, China also has a lock on the complex refining process needed to produce rare earth magnets.