My question is to the Minister for Resources. How is the Albanese Labor government working with allies and trading partners to secure a reliable supply chain of critical minerals and rare earths?

Ms MADELEINE KING (Brand - Minister for Resources and Minister for Northern Australia) (14:11): I thank the member for Hunter for his excellent question. Last week I was honoured to be in the cabinet room of the White House to witness our Prime Minister and the President of the United States of America sign the landmark critical minerals framework agreement between Australia and the United States. This historic agreement positions Australia alongside our friends in the US in a global effort to reduce dependency on unstable supply chains and to safeguard the technologies that keep our economies and our democracies strong. The framework agreement directly strengthens the investment in Australia's critical minerals sector by providing an architecture for Australian producers to access US financing. The agreement mobilises billions of dollars in financing in Australia and America to turbocharge an A$13 billion pipeline of projects across Western Australia, Queensland, Victoria, New South Wales and the Northern Territory. There will be more to come; this is just the beginning.

What does that mean for ordinary Australians? It means more jobs. It means more jobs for more Australians in the resources sector. This framework recognises critical minerals for what they are—not just commodities but strategic assets essential to the national security of Australia and the United States of America. By partnering with the US we're positioning our critical minerals industry at the centre of global efforts to develop secure, resilient supply chains for the technologies that power modern defence and clean energy systems.

I want to be really clear. The US-Australia critical minerals framework did not emerge overnight. From the very day the Albanese Labor government came to power four years ago, we have sought to grow the critical minerals and rare earth elements mining and processing sector. The Albanese Labor government has made the single largest investment in the Australian resources sector of any government. The Critical Minerals Production Tax Incentive has $17 billion; the Critical Minerals Facility now has $5 million; and Resourcing Australia's Prosperity will allow Geoscience Australia to supercharge our exploration capabilities—that's a $3 billion investment. The NAIF has invested $735 million in critical minerals projects, and we are implementing a $1.2 billion Critical Minerals Strategic Reserve.

This is the work we have been doing since day one so that when we got to the White House on Monday, with the Prime Minister sitting alongside the President, we were able to deliver for the Americans and for the Australian people and jobs in resources. It is indisputable. No government has done more than the Albanese Labor government for the resources sector and the critical minerals and rare earth elements mining and processing sector of this country.

An opposition member interjecting—

Ms MADELEINE KING: Believe it.