The drugs were seized at the Los Angeles/Long Beach seaport on January 11.
Authorities are warning that worldwide drug syndicates are stepping up efforts to get their drugs into Australia.
The drugs were found concealed inside dozens of metal boxes that were declared as "Single Loud Speakers".
Police also found 25 kilograms of cocaine, worth $9.5 million, and five kilograms of heroin, worth $2.6 million, in the same shipment as the methylamphetamine. An Australian law enforcement official called it "the biggest ever seizure of methamphetamine".
Officers from the Australian Federal Police and Victoria Police yesterday arrested six people in Victoria and NSW.
A US-based organised crime syndicate is being investigated over the shipment. Australian and U.S. authorities have seized more than 1.7 tonnes of "ice" bound for Australia.
Australian authorities said that the operation with the U.S. Department of Homeland Security, Drug Enforcement Agency, Australian Federal Police and Victoria state police had stopped "a tsunami of ice" from reaching their shores.
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Three of those arrested in Australia will appear at Melbourne Magistrates Court later on Friday.
They were remanded in custody to face court again on June 17, as charges were pending against a fourth person arrested in Melbourne.
Australian Federal Police Assistant Commissioner Bruce Hill told a news conference in Melbourne that police now believe Mexican cartels are actively targeting Australia. This is now flagging the intent Australia is now being targeted.
"We've got money, and we're willing to pay more for our drugs than anywhere else in the world".
The Echo Task Force then continued to investigate the drug possession, and following this, police began to investigate the possible involvement of Australian gangs, which lead police to the discovery of the drugs and the arrests.
Commissioner Bruce Hill. "By stopping this, we have ensured criminals will not profit from the vast pain these drugs would have caused our community".
Search warrants were also carried out by the Royal Canadian Mounted Police in British Columbia where a significant quantity of suspected proceeds of crime were seized.
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