🌏 US–Australia Team Up on Rare Earths — But China Still Holds the Crown 👑

A new partnership between the United States 🇺🇸 and Australia 🇦🇺 signals progress in securing rare earth supply chains, yet analysts say it’s nowhere near enough to loosen China’s iron grip on the sector.

🔍 Despite ambitious goals laid out by Donald Trump, experts argue that the proposed timeline is overly optimistic, as the real bottleneck lies in refining capacity — an area where China still dominates.

🇨🇳 With control over nearly 90% of global rare earth refining, Beijing continues to wield massive influence over industries ranging from EVs to defense tech.

Until Western nations solve the refining puzzle, China’s dominance remains unshaken.

#Trump #USAustralia #RareEarths #Geopolitics #MarketWatchMay2024 $ZBT $YB $BTC