President Donald Trump’s administration has launched a multifaceted approach to enhance the U.S. rare earths supply. This strategy includes working with international allies to find alternative sources. The government is exploring partnerships with countries such as Australia, which has significant reserves of rare earth minerals.
Prime Minister Anthony Albanese of Australia has been engaged in discussions with U.S. officials to facilitate access to these critical resources. The administration is also considering various regulatory changes and incentives to boost domestic production. However, experts caution that these efforts may take time to materialize and the outcomes remain uncertain.