Lots going on between Europe and Australia.
IMO if they are asking Australia for help to break Chinese monopolies, they'll make it happen in their own backyard.
Interesting article in SMH of you can access it:
Europe’s energy chief wants Australia to help break China’s high-tech supremacy
disallowed/politics/federal/europe-s-energy-chief-wants-australia-to-help-break-china-s-high-tech-supremacy-20240404-p5fhf0.html
Eg,
"“[The EU and Australia] are committed to globally diversified, transparent and de-risked markets, to support sustainably and ethically sourced critical minerals, adhering to the highest environmental, social and governance standards,” the joint statement said. Australian miners would need to secure billions of dollars to open more critical minerals mines and establish processing facilities to compete with China. “Processing is really a good example where we need additional investments and that brings me to the benefits of an FTA [free trade agreement] because if we will reach an agreement, this helps us to remove excessive investment screening and to scale up the processing,” Simson said. “The business environment here [in Australia] and the predictability of the legislation is a strong asset.”
Sounds a bit like Sweden (post-supreme court!)
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