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Breaking-News >> WorldNews The US-Australian $8.5 billion key mineral agreement is suspected of being “catsy”!
▲ On October 20, 2025 local time, in Washington, USA, in the White House Cabinet Room, US President Trump (right) and Australia Prime Minister Anthony Albanese held a map of key minerals and rare earth agreements signed according to Vision China On October 20, local time, U.S. President Donald Trump met in the White House with Australian Prime Minister Anthony Albanies, who visited. Trump was on the spotlight during the talks, confirming that Australia will get the nuclear-powered attack submarine it has been waiting for. In addition, the two sides also signed a $8.5 billion key mineral agreement. The United States and Australia will each invest $1 billion over the next six months to push forward their joint plans. During the meeting, Trump praised Albanese as a "great leader" and said that "America has no better friend than Australia". However, this seemingly friendly meeting was described by the outside world as "covering up Australia's growing doubts about the United States", and some critics in Australia bombarded Albanese's trip as a "shameful surrender." Nuclear submarine agreement still has "ambiguity" According to the Reference News Network citing Agence France-Presse and Reuters, the core topic of the meeting, the "Australia-UK-US Alliance" (AUKUS) submarine agreement, was once pending. The Trump administration said in June this year that the United States was reviewing the agreement signed by former President Biden to ensure that it was in line with the "America First" policy. It was also reported that the review triggered "panic" in Canberra. The Australian government has been hoping Trump will support the agreement, which allows Australia to acquire at least three American Virginia-class submarines within 15 years. However, some critics in the United States believe that the production of Virginia-class submarines in the United States is insufficient to be supplied to the Australian Navy at the same time. Trump welcomes Albania at the White House However, Albany, just after a tropical holiday, seemed to have met Trump in a "great" mood. On the 20th, Trump told reporters at the White House: "We've started building submarines for Australia really smoothly and we've worked hard for this for a long time, and now we've started this process, and it's going fast and well." Despite Trump's assurance that "progress will be fast and good," some analysis pointed to subtleties: John Ferran, Trump's nominee for U.S. Navy Secretary, said at the meeting that the United States may seek to "clarify some ambiguities in previous agreements." When pressed by reporters, Trump immediately dismissed it as a "minor detail" and refused to talk about it more. Kevin Rudd was denounced "I don't like you" in person. According to reports, there was an embarrassing episode in this meeting that made diplomats "hold their breath". During the meeting, Trump suddenly turned to Australian ambassador to the United States and former Prime Minister Kevin Rudd, and said to him in front of everyone, "I don't like you". Another report said that Trump said "I don't like you either" at that time, which was obviously aimed at Kevin Rudd's negative remarks about Trump in the past. Rudd then apologized to Trump. "It's all over," Trump said. Mineral Cooperation Agreement, Criticism in Australia ▲ On October 20, 2025 local time, in Washington, USA, US President Donald Trump (right) shook hands with Australian Prime Minister Anthony Albanese after signing a critical minerals and rare earth agreement in the White House Cabinet Conference Room. According to vision china Another major achievement of the meeting was the signing of a key mineral agreement between the two sides. Albanyly called it a "pipe worth $8.5 billion" and said the two countries will each invest $1 billion over the next six months to push forward their joint plans. Trump added: "About a year from now, you will have so many key minerals that you don't know what to do with them." Albani said it was a "truly important day" to raise the relations between the two countries "to a new level". According to World Wide Web, the United States said it will invest in an advanced gallium refinery with an annual production capacity of 100 tons in Western Australia, and plans to provide approximately US$2.2 billion in financing through the U.S. Export-Import Bank to promote key mineral projects. However, critics in Australia have completely different views. Critics worry that the agreement will give the United States "preferential access rights" through off-take agreements, while Australia will be forced to agree to be prevented from selling these strategic resources to other countries on "national security" grounds. An Australian group called Labour Against the War expressed "deep concern" about this, calling it a "shameful surrender". According to the World Wide Web, although Australia is an important source of critical minerals, like the United States, Australia relies on other countries to process these minerals in order to convert them into products usable by enterprises. Agence France-Presse also mentioned that although Australia is strong in mineral mining, like most mining countries, its local processing capacity is relatively weak. Red Star journalist Deng Shuyi comprehensive reference news, World Wide Web Edited by Jan. Inspection is high. News raw data sources → https://www.163.com/dy/article/KCD8FPS7051492T3.html 17WorldNews[2025.10.21-15:24] 访问:41
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