US-Australia Minerals Pact Lifts Critical Metals Stocks

Australian critical metals and rare earths stocks jumped after Washington and Canberra unveiled a minerals pact worth up to $8.5 billion. Signed by U.S. President Donald Trump and Prime Minister Anthony Albanese, the framework funds projects to boost supplies for defense and energy security. Lynas rose 4.7%, Iluka more than 9%, Pilbara Minerals about 5%; VHM soared ~30%, Northern Minerals >16%, and Latrobe Magnesium nearly 47%. Alcoa, named a priority project with U.S. equity investment, climbed nearly 10%. Albanese cited $1 billion each in six months; a White House fact sheet later put it at more than $3 billion.

Reviewed by JQJO team

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