An increase in local value addition and global support are needed. Possible investment gap of up to $270 billion.
Focus on environmental and social challenges connected to the industry.
In April 2024, the EU passed the Critical Raw Materials Act (CRMA) into law in a landmark accomplishment seeking to strengthen the union’s critical raw materials supply chains.
Ministry of Trade: Planned investigation into Chinese subsidies harms cooperation.
Australian answer to the Inflation Reduction Act and the European Economic Security Strategy.
Free trade talks failed to reach a conclusion last year. A partnership would give Europe access to Australian raw materials.
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