The US isn't even in the top 5. China has 44MT, the US has 1.9MT. It's not zero but it's only ~2% of the world's reserves.
> Now the US wants Australia to take that on, and that's a deal with the devil for Oz while the current POTUS cannot be trusted to hold up any deal.
What deal? It's a valuable commodity. If you establish the capacity to produce it then you either sell it to the US or you sell it to someone else.
The US isn't even in the top 5. China has 44MT, the US has 1.9MT. It's not zero but it's only ~2% of the world's reserves.
> Now the US wants Australia to take that on, and that's a deal with the devil for Oz while the current POTUS cannot be trusted to hold up any deal.
What deal? It's a valuable commodity. If you establish the capacity to produce it then you either sell it to the US or you sell it to someone else.