Deal To Diversify Critical Minerals Supply: Analyst

The United States and Australia struck a new deal on critical minerals on Monday. An expert calls it a “good start” in the push to reduce China’s dominance in the industry. But it’ll take much more time and money to build up alternative supply chains than many might think.

How does this U.S.-Australia rare earth deal fit into efforts to deter a more assertive China in the region? Steve Yates, former Deputy National Security Adviser to former Vice President Dick Cheney, puts it into perspective.

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