EU urges Australia to simplify foreign investment processes for critical minerals to diversify supply chain for clean energy and EVs.

The European Union (EU) is urging Australia to simplify foreign investment processes to enhance access to critical minerals. EU Ambassador Gabriele Visentin emphasized that this request aims to diversify the EU's supply chain, ensuring a stable supply of essential minerals needed for clean energy technologies and electric vehicles. Strengthening ties with Australia is crucial for meeting the EU's industrial demands for these key resources.

September 11, 2024
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