This week, President Donald Trump and Australian Prime Minister Anthony Albanese signed a historic $8.5 billion critical minerals deal in an attempt to stave off China’s influence in the market.

Utah Gov. Spencer Cox went on a trade mission this week to New Zealand and Australia and stressed Utah is open for business.

In the global race to secure rare earth minerals and critical minerals, Cox wants to be at the top of the heap when it comes to being a beneficiary of the deal.

Western Australia has some of the world’s richest untapped reserves of uranium, but a ban on new licenses has been in place since 2017.

Yet the prices of uranium have been skyrocketing, escalating from $20 a pound in 2017 to $80 per pound this year.

The race is on to secure that uranium for new technology, partic

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