The two will participate in a bilateral meeting at 11:15 a.m. and a bilateral lunch at 11:45 a.m. Trump and Albanese are expected to discuss rare earth minerals, as Australia has set itself up as a potential partner for the U.S. in the Trump administration’s mission to reduce its reliance on minerals from China. Australia has initiated efforts to stockpile $782 million of minerals.

Australia also seeks to reach agreements over the U.S. review of the 2021 AUKUS security agreement and a trade deal with the U.S. after getting hit with Trump administration tariffs.