Washington and Canberra Subsidize Nickel Mines to Break Beijing #
Australian Prime Minister Anthony Albanese stood before the red dust of the Kalgoorlie Nickel Project on Sunday, announcing a $3.5 billion joint funding injection from Washington and Canberra. The heavy excavators and diesel haul trucks currently expanding the site represent the physical architecture of a new Western trade doctrine. The American state has ceased treating global markets as neutral mechanisms for price discovery. By deploying federal capital directly into the Australian basin, Washington acknowledges that the energy transition requires securing…