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Australia seeks to advance AUKUS submarine deal in first summit with US

Australia seeks to advance AUKUS submarine deal in first summit with US

World Maritime
Australia seeks to advance AUKUS submarine deal in first summit with US

Top US officials last week condemned Beijing's expansion of rare earth export controls as a threat to global supply chains. China is the world's biggest producer of the materials that are vital materials for products ranging from electric vehicles to aircraft engines and military radars.

Resource-rich Australia, wanting to extract and process rare earths, put preferential access to its strategic reserve on the table in US trade negotiations in April.

Michael Fullilove, executive director of the Lowy Institute think tank in Sydney, said the "mood music is good" for the summit, and "the outstanding bilateral issues are not terribly serious.

"The most important thing is for Mr Albanese to establish a cooperative, professional and hopefully warm relationship with the president," he said.

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