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EIB and Australia Strengthen Cooperation on Critical Raw Materials

18.11.2025 Press and information team of the Delegation to the Australia

The European Investment Bank (EIB) and the Australian Government have signed a deal to strengthen cooperation on critical raw materials. This partnership ensures sustainable supply chains, drives green innovation, and emphasises responsible sourcing and environmental sustainability, boosting economic security in both regions.

The EU’s Investment Bank, the European Investment Bank (EIB), and the Australian Government have signed a declaration of intent to strengthen cooperation on critical raw materials. This agreement expands the existing EU–Australia partnership, focusing on the entire value chain, from extraction to processing.

This collaboration is key to ensuring secure and sustainable supply chains for essential materials like lithium and rare earth metals, which are crucial for green technologies, clean energy, and innovation. 

Both regions are committed to responsible sourcing and community engagement, as reflected through shared values like transparency and environmental sustainability. 

Looking ahead, this partnership will drive future investment in Australia’s critical minerals sector, strengthen economic security, and support the green transition in both the EU and Australia.

Quote attributable to EU Vice-President Nicola Beer:

“Teaming up with Australia will provide the type of win-win partnership we are eager to build: a partnership with a like-minded actor – one that engages communities, values transparency and ensures community trust in critical raw materials initiatives. Australia’s strong track record in environmental responsibility and sustainable mining aligns with the EIB’s commitment to innovation and green investments. In this way, we strengthen Australia’s and Europe’s strategic autonomy.”

Quote attributable to Australian Ambassador to the EU Angus Campbell: 

“Australia is a trusted supplier of critical minerals, and this partnership with the EU reinforces our shared commitment to sustainable development and secure supply chains.”