The United States has offered to invest in Australian critical minerals companies as part of a broader effort to secure alternative supply chains and reduce its reliance on China. With this effort, Washington is taking a next step in its urgency to expand access to lithium, cobalt, rare earths, and other resources vital for clean energy, semiconductors, and defense.
"U.S. government officials were saying to companies, you come to us with a proposal and we'll assess it and try and make it work through those various funding channels and programs that we have available to us," Andrew Worland, CEO of International Graphite, told Reuters.
