EU, Australia Move to Secure Critical Minerals Supply Chain for Net Zero Ambitions

The EU and Australia signed a Memorandum of Understanding (MoU) to ensure the future supply of sustainable critical minerals, making shared commitments to building vital supply chains. With the primary goal of linking secure and sustainable critical minerals supply chains between the EU and Australia, both countries recognise this move as a means of accelerating their net zero transition objectives. “Australia is a like-minded partner and a global leader when it comes to critical raw materials. This partnership marks a major step forward in our efforts to secure a more sustainable supply of critical raw materials for the EU, whilst fostering investment in Australia,” Executive Vice-President and Commissioner for Trade Valdis Dombrovskis said....