Australia's recently signed landmark minerals deal with the United States has sent the stock market skyrocketing.
Industry and investors are responding to new investments worth billions of dollars aimed at disrupting China's dominance of the global rare earth metal supply chain.
Rare minerals are used in a variety of ways, from smart phones to electric cars, artificial intelligence, and weapons.
The new deal will result in $5 billion dollars worth of joint investment in the next six months to unlock a series of projects.
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