Trump and Australian prime minister Albanese sign a landmark critical minerals agreement [SOUND]

# US president Donald Trump and Australian prime minister Anthony Albanese have signed a critical minerals agreement. This is aimed at countering China’s attempts to tighten control over its global supply. China currently controls about 70-percent of rare earths mining and 90-percent of the processing of the materials. The agreement comes a week after the US condemned China’s expansion of rare earth export controls as a threat to global supply chains. Albanese says this deal is beneficial to both countries: