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American Resources Policy Network

Ensuring policies to expand the domestic supply of critical
American minerals for industry and national defense

U.S. and Australia Formalize Critical Minerals Partnership

The United States Geological Survey (USGS) has signed a project agreement with its Australian counterpart, GeoScience Australia, to jointly develop a “better understanding of both countries’ critical mineral reserves.”  The agreement is the result of ongoing agency-level talks between the United States and Australia and the recent announcement of a forthcoming formal roll out of an “action (…) more

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METALS & MINERALS 101

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  • Aluminium 13 Al 26.982
     

    Aluminium

    Major Uses: domestic consumption, transportation, building, electrical
    Import Dependency for U.S.: 38%
    Major Importers: Canada, Russia, China, Mexico

     
  • Iron 26 Fe 55.845
     

    Iron

    Major Uses: construction, transportation (predominantly automotive), cans and containers
    Import Dependency for U.S.: 7%
    Major Importers: Canada, European Union, China, Mexico

     
  • Cobalt 27 Co 58.933195
     

    Cobalt

    Major Uses: aircraft gas turbine engines, cemented carbides for cutting, wear-resistant applications
    Import Dependency for U.S.: 81%
    Major Importers: Norway, Russia, China, Canada

     
  • Copper 29 Cu 63.546
     

    Copper

    Major Uses: building construction, electric and electronic products, and transportation equipment
    Import Dependency for U.S.: 30%
    Major Importers: Chile, Canada, Peru, Mexico

     
  • Palladium 46 Pd 106.42
     

    Palladium

    Major Uses: catalysts to decrease harmful emissions in light- and heavy-duty vehicles, also used in chemical and petroleum refining sector, and fabrication of laboratory equipment
    Import Dependency for U.S.: 94%
    Major Importers: South Africa, Germany, United Kingdom, Canada

     
  • Silver 47 Ag 107.87
     

    Silver

    Major Uses: coins and medals, industrial applications, jewelry and silverware, and photography
    Import Dependency for U.S.: 65%
    Major Importers: Mexico, Canada, Peru, Chile

     
  • Tantalum 73 Ta 180.95
     

    Tantalum

    Major Uses: automotive electronics, pagers, personal computers, and portable telephones
    Import Dependency for U.S.: 100%
    Major Importers: Australia, China, Kazakhstan, Germany

     
  • Rhenium 75 Re 186.207
     

    Rhenium

    Major Uses: petroleum-reforming catalysts, superalloys used in turbine engine components
    Import Dependency for U.S.: 86%
    Major Importers: Chile, Netherlands

     
  • Platinum 78 Pt 195.084
     

    Platinum

    Major Uses: catalysts to decrease harmful emissions in light- and heavy-duty vehicles, also used in chemical and petroleum refining sector, and fabrication of laboratory equipment
    Import Dependency for U.S.: 94%
    Major Importers: South Africa, Germany, United Kingdom, Canada

     
  • Gold 79 Au 196.966
     

    Gold

    Major Uses: Jewelry and arts, electrical and electronics, dental and other
    Import Dependency for U.S.: 33%
    Major Importers: Canada, Mexico, Peru, Chile

     

LATEST TWEET

@ARPNetwork: U.S. and #Australia formalize critical minerals partnership: https://t.co/n0cPhh7v0D #criticalminerals #mining

5 hours ago