BusinessManufacturingTechnology

Australian Critical Minerals Sector Gains Momentum Amid US-China Trade Tensions

Australian critical minerals companies are experiencing a dramatic reversal of fortunes as geopolitical tensions drive massive US investment. The $2.2 billion initiative aims to establish alternative supply chains for rare earths and strategic minerals essential for technology and defense industries.

Geopolitical Shift Fuels Australian Mining Renaissance

Australia’s critical minerals sector is witnessing unprecedented investment activity as the United States accelerates efforts to counter China’s dominance in rare earths and strategic minerals, according to industry reports. The recent US-Australia agreement, reportedly involving over $2.2 billion in loan commitments from the US Export-Import Bank, has transformed the prospects of previously overlooked mining companies.

BusinessLegal

Apple Claims Epic Games Seeks ‘Free Ride’ in Australian Legal Battle Over App Store Rules

In ongoing Australian legal proceedings, Apple has accused Epic Games of attempting to dismantle platform safeguards while seeking a “free ride” on Apple’s ecosystem. The dispute centers on whether Apple must allow sideloading and alternative payment methods on iOS devices in Australia, following a 2020 lawsuit filed by Epic Games.

Legal Battle Intensifies Over App Store Controls

Technology giant Apple Inc. has publicly accused Epic Games of seeking what it characterizes as a “free ride” on its platform, according to reports from the ongoing legal proceedings in Australia. Sources indicate that Apple made these statements during recent case management hearings, with the company telling MacRumors that Epic’s demands would “dismantle every safeguard we’ve put in place to protect users and developers.”