# US announces $400m investment in Australian rare earth mine

https://mins.news/en/item/16843

- Al Jazeera, 2026-08-08 09:30 UTC
- Economy
- Original: https://www.aljazeera.com/news/2026/8/8/us-announces-400m-investment-in-australian-rare-earth-mine?traffic_source=rss

> The United States has announced a $400m investment in an Australian rare earth mine. The deal is intended to secure supplies of scandium. It comes as China restricts exports of the material for defence products.

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