Australia and India Deepen Critical Mineral Cooperation
Australia and India Deepen Critical Mineral Cooperation
Australia and India Deepen Critical Mineral Cooperation
Despite supply risks and possible rising future demand, the U.S. is not following Europe’s classification.
The Swedish carmaker will acquire 50 percent of the energy produced at the Bruzaholm wind park.
Australia and the U.S. have signed the Climate, Critical Minerals and Clean Energy Transformation Compact, intended to boost the countries’ clean energy and critical minerals sectors and create secure supply chains. The compact also incorporates imports from Australia in these sectors in the Inflation reduction Act, making the Pacific country’s industry more competitive.
The UK has revealed a $1.2 billion Investment strategy in its domestic semiconductor industry over the next decade. The plan aligns the nation with the recently announced cooperation with Japan and sets the European country up to become more independent.
Canadian Prime Minister Justin Trudeau addressed the South Korean parliament and will hold a summit with South Korean President Yoon Suk Yeol later this Wednesday. Canada and South Korea could form mutually beneficial trade relations considering the vast natural resources of the North American country and the semiconductor expertise of the East Asian nation.