Australia-US Critical Mineral Pact
A $13.5 billion framework agreement between Australia and the US is set to spark a bush prospecting boom, potentially creating a new income stream for farmers.
The agreement, signed by Australian Prime Minister Anthony Albanese and US President Donald Trump, is expected to trigger large-scale prospecting across inland Australia's arid and semi-arid basins.
- Stakeholders predict a significant increase in prospecting activities
- Major cropping, cattle, and grazing districts may sit above rich mineral belts
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Australia's farmland is now on the next frontier in the global race for critical minerals, following the Aus-US rare earth deal.
Author's summary: Australia-US pact to boost critical mineral production.