Trends-AU

Why the ASX’s rare earths rally may just be getting started

Fund managers are betting the explosive rally in rare earth stocks has much further to run after the US and Australia agreed to invest $US3 billion ($4.6 billion) in critical minerals projects, with further support expected to come.

Australian Prime Minister Anthony Albanese and US President Donald Trump signed a framework on Monday (Tuesday AEDT) which guaranteed a floor on prices for new producers and blocked asset sales on security grounds.

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