Australia Proposes Critical Minerals Accord and Infrastructure Investment Deal with U.S

On May 28, 2025, Australian Ambassador to the United States, Kevin Rudd, presented a draft accord to the Trump administration, aiming to strengthen bilateral cooperation on critical minerals and infrastructure investment. A key component of Rudd’s proposal involves leveraging Australia’s substantial superannuation funds, valued at approximately $3 trillion USD, to invest in long-term U.S. infrastructure projects. This initiative aligns with the broader strategic goal of reducing dependency on Chinese supply chains for critical minerals. Rudd’s proposal underscores the importance of allied collaboration in mining, processing, and stockpiling these resources to enhance economic resilience.