Tag: Albanese, Anthony (1963- )

Australia Tries to Break Its Dependence on China for Lithium Mining

Media Library
australia tries to break its dependence on china for lithium mining

Deep in rural Western Australia, Pilbara Minerals’ vast processing plant looms above the red dirt, quivering as tons of a lithium ore slurry move through its pipes. The plant turns the ore from a nearby quarry into spodumene, a greenish crystalline powder that is about 6 percent lithium and sells for about $5,700 a ton. From there, the spodumene is shipped to China, where it is further refined so it can be used in the batteries that power goods like cellphones and electric cars. Australia mines about 53 percent of…

Biden to Announce Nuclear-Powered Submarine Deal with Australia and Britain

Chin@Strategy
biden to announce nuclear powered submarine deal with australia and britain

WASHINGTON — President Biden plans to announce on Monday a landmark agreement with the leaders of Britain and Australia to develop fleets of nuclear-powered attack submarines that the three nations would use to strengthen their naval forces across the Asia-Pacific region as China bolsters its own navy. The purchase and training agreements on submarines amount to the first concrete steps taken by the three English-speaking nations to deepen the ambitious strategic partnership called AUKUS that they announced 18 months ago. The military deal, centered on Australia first buying the attack…