Their bauxite mines alone would be worth it. Control the world's primary aluminum supply, and I bet you'd turn some heads. Besides, we have plenty of oil of our own. All the Biden administration did was shut down the pipeline for streamlined delivery.
Primary supply? China product 30 times the amount of aluminium than Australia
Australia is the world's largest producer of bauxite, representing 28% of global production in 2012. The large bauxite resources in the Gulf of Carpentaria at Weipa (>3000 Mt) in Queensland and Gove (>200 Mt) in the Northern Territory have average grades between 49% and 53% Al2O3 and are amongst the world's highest grade deposits.
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The industry in Australia is geared to serve world demand for alumina and aluminium with more than 80% of production exported.
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