European Union prepares major investment in Australian critical minerals

The European Union plans substantial investments in Australian critical minerals to reduce reliance on China.

The European Union plans to direct substantial investments into Australia's critical minerals sector. The initiative aims to reduce the bloc's reliance on Chinese supply chains for essential raw materials. Officials are also considering taking equity stakes in these raw material projects.

• The motivationThe strategy seeks to secure alternative supply sources away from China.
• The comparisonLawmakers have proposed modelling the investment approach on policies used by the United States and Japan.