As of 2025 Australia has the fourth-largest reserves of REEs in the world (around 5 per cent of global reserves), and is also the fourth-largest producer of rare-earths (around 8 per cent of global production). However, it does not have facilities for processing them, and sends its minerals to China for processing.
Is that enough to fill the US’s military needs?
It won’t be, but even if it was:
https://en.wikipedia.org/wiki/Rare-earth_industry_in_Australia
😳