The Albanese government's plan to hand control of Australian critical minerals to other countries poses a huge strategic risk and is inconsistent with foreign investment policy.
This approach is part of the government's strategy to make itself indispensable to the US, including allowing US military use of Australian territory and participating in AUKUS.
The return of Donald Trump didn’t give the government pause.
The government has continued to pursue this strategy, despite potential risks and inconsistencies.
Author's summary: Albanese government's plan poses strategic risk.