Australian Foreign Policy

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Business

U.S. Bets on Rare Earths Diversity with $1.6 Billion Rival Backing, MP Materials Navigates New Policy Landscape

The U.S. government's $1.6 billion commitment to USA Rare Earth signals a strategic pivot towards fostering competition in the critical minerals sector, reducing price supports and introducing new volatility. As policy shifts, industry leader MP Materials counters with record production and expanded magnet manufacturing, highlighting the intensifying race to secure a domestic supply chain for EVs and defense.

World

Vietnam's Strategic Duality: Internal Military Document Reveals War Preparations Against U.S. Amid Deep-Seated 'Color Revolution' Fears

A year after Vietnam and the United States elevated bilateral ties to a 'comprehensive strategic partnership,' a leaked internal military assessment reveals Hanoi was simultaneously preparing for a potential American 'war of aggression.' The document, analyzed by rights group The 88 Project, underscores Vietnam's profound anxiety over U.S.-backed 'color revolutions' and the complex balancing act in its foreign policy.