The two companies will work towards potential offtake agreements, paving the way for a rare earth supply chain from South Korea to the UK and Back.
Companies producing renewable hydrogen or processing critical minerals will receive tax credits to bolster the domestic industry.
This week once again showcased the deep ties between raw materials and geopolitics.
The plant will produce lithium, rare earth, and other critical mineral products.
At a press conference in the Oval Office, the U.S. President floated raw materials access as a condition for further support.
The treaty promises closer bilateral relations as well as more cooperation on critical minerals.