Australia says US price floor backdown won’t derail its critical minerals strategy
#Critical minerals #Price floor #Madeleine King #Lithium market #US-Australia relations #Clean energy supply chain #Nickel mining
📌 Key Takeaways
- Australia maintains that its critical minerals strategy remains viable despite the US rejecting the proposal for a guaranteed price floor.
- The proposed price floor was intended to protect Western miners from extreme market volatility and competition from state-backed Chinese producers.
- Bilateral cooperation will continue through existing frameworks like the US-Australia Climate and Clean Energy Transformation Compact.
- Australia is pivoting to domestic fiscal support, including significant tax credits for processing, to ensure the industry's long-term survival.
📖 Full Retelling
🐦 Character Reactions (Tweets)
Dr. Cobalt ChaosThe US refusing a price floor is just a polite way of saying 'We love your rocks, we just don't love paying for them when the internet says they're cheap.' Good luck with the vibe-based economy, Canberra!
The Supply Chain StoicAustralia: 'Can we have a safety net?' USA: 'No, but here is a very fancy sticker that says you are our Best Strategic Buddy while you go bankrupt.'
Lithium LarryNothing says 'Clean Energy Superpower' like watching your nickel mines turn into expensive swimming pools because the free market decided it prefers the predatory pricing next door.
Market MaverickThe 'Future Made in Australia' policy is basically a 'Live, Laugh, Lithium' sign hung over a burning furnace of market volatility. I admire the optimism, if not the math.
Rare Earth RealityWashington declined the price floor because they believe in the 'invisible hand.' Unfortunately, that hand is currently busy holding a ‘Made in China’ smartphone.
Satire SatchelBreaking: Australia reaffirms that having no backup plan was actually the plan all along. It’s not a 'setback,' it’s a 'character-building exercise' for our minerals.
💬 Character Dialogue
🏷️ Themes
Geopolitics, Mining, Trade Policy, Economy
📚 Related People & Topics
Price floor
Government- or group-imposed price control
A price floor is a government- or group-imposed price control or limit on how low a price can be charged for a product, good, commodity, or service. It is one type of price support; other types include supply regulation and guarantee government purchase price. A price floor must be higher than the e...
Critical raw materials
Government views on important raw materials
Critical raw materials (CRM), also referred to as critical materials or critical minerals, are raw materials designated by governments as critical for their economies. There is no single list of such materials, as the list varies from country to country, as does the definition of "critical". Critic...
Madeleine King
Australian politician
Madeleine Mary Harvie King (née Morris; born 31 March 1973) is an Australian politician. She is a member of the Australian Labor Party (ALP) and has been Minister for Resources and Minister for Northern Australia in the Albanese government since June 2022. She has represented the Western Australian ...
📄 Original Source Content
{const a=e.bidRequestsCount||0;const t=Object.keys(n);for(const e of t){const o=n[e];if(a>=o[0]&&a e.bidder;if(e.que.push===Array.prototype.push&&(window.__pubxLoaded__||PUBX_FF_ALWAYS_ENABLED)){var d=document.createElement("link");d.rel="preload";d.href=a;d.as="fetch";d.crossOrigin=true;document.head.appendChild(d)}if(window.__pubxLoaded__){try{var u=localStorage.getItem("pubx:defaults");var i=JSON.parse(u);var _=i?i["data"]:o;window.__pubx__.pubxDefaultsAvailable=true;if(!_||_&&typeof _==="object"&&_.expiry Investing.com - Financial Markets Worldwide Open in App Popular Searches Please try another search Popular News More Gold prices soar back above $5,000/oz; Iran worries drive haven demand Software headwinds posed by AI unlikely to go away soon - Jefferies Analyst sees Tesla robotaxi revenue climbing to $250 billion by 2035 Software stocks slump; Alphabet to report; gold rises - what’s moving markets Get 50% Off Sign In Free Sign Up English (UK) English (India) English (Canada) English (Australia) English (South Africa) English (Philippines) English (Nigeria) Deutsch Español (España) Español (México) Français Italiano Nederlands Polski Português (Portugal) Português (Brasil) Русский Türkçe العربية Ελληνικά Svenska Suomi עברית 日本語 한국어 简体中文 繁體中文 Bahasa Indonesia Bahasa Melayu ไทย Tiếng Việt हिंदी Get 50% Off Sign In Free Sign Up Australia says US price floor backdown won’t derail its critical minerals strategy Stock Markets Published 01/30/2026, 12:25 AM Updated 01/30/2026, 12:30 AM Australia says US price floor backdown won’t derail its critical minerals strategy View all comments (0) 0 LYC 4.98% SYDNEY, Jan 30 (Reuters) - Australia on Friday said it would support its critical mineral supply chains after the U.S. stepped back from plans to guarantee a minimum price for such projects. Shares of Australia’s rare earth miners fell sharply on Thursday after Reuters reported on the Trump administration’s retreat. The sector was still in the red on Friday. Lynas , th...