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Trump emergency order opens Australian mining to US state investment

Jacob Greber

Washington | Donald Trump has triggered rarely-used emergency government powers to allow direct state investments in critical minerals projects on Australian soil as part of a global push to eliminate American industry's reliance on Chinese suppliers.

In a dramatic move that industry figures likened to Mr Trump "breaking glass in case of emergency", the President also authorised faster approval and development of US production of raw materials for defence, renewable energy and electric vehicle manufacturing.

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Jacob Greber was The Australian Financial Review’s senior political correspondent. Connect with Jacob on Twitter. Email Jacob at jgreber@afr.com

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    Original URL: https://www.afr.com/world/north-america/trump-emergency-order-opens-australian-mining-to-us-state-investment-20201001-p560xq