The United States and the European Union are both working to reduce their dependence on China for critical minerals, but they’re taking markedly different approaches. As both powers pursue critical-mineral independence through different means, the EU may struggle to keep up with the US’s more assertive policy. This matters to Australia as a trading partner of both those economies.
Critical-mineral...
The US and EU's approaches towards reducing dependence on China for critical minerals reveal contrasting strategies, with the US taking a more assertive, security-driven stance compared to the EU's balance between security and sustainability. This difference in approach may impact Australia's relationship with both economies, particularly given its role as a supplier of critical minerals. The EU's strategy, while aiming for sustainability and strategic autonomy, faces challenges in diversifying ...