Critical minerals to be included in Australia-EU free trade deal
Australia’s plentiful critical minerals will be included when a long-awaited free trade deal is signed with the European Union next week.
Critical minerals are expected to be included in a range of tariffs lifted when the European Union (EU) and Australia sign a major free trade agreement (FTA) next week.
Prime Minister Anthony Albanese revealed on Wednesday that EU Commission President Ursula von der Leyen will travel to Australia next week, in an all-but confirmation the elusive deal will finally be inked.
Multiple sources with knowledge of the deal, granted anonymity to speak freely, expected it would eliminate the majority of import tariffs in both directions.
One source expected that to include the total lifting of tariffs on Australian resources and critical minerals, which are vital to AI technology and modern defence equipment.
