Australia and US sign Critical Minerals Research Agreement

November 19, 2019 05:21 PM AEDT
Team Kalkine

Australia's minerals agency, GeoScience Australia and its US counterpart, United States Geological Survey (USGS) have inked a formal critical minerals research agreement to jointly develop both nationsâ critical mineral assets.

The research agreement will:

Focus on quantifying the worldwide supply potential of critical minerals like rare earths.
Prioritise developing big data to understand demand and supply scenarios for improving the critical minerals pipeline.
Lessen the nationsâ vulnerability to supply disruptions of critical minerals.
Weaken China's grip on critical minerals essential for modern technologies.

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