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EU, Australia Sign Critical Minerals MOU

The EU and Australia on May 28 signed a memorandum of understanding for a "bilateral partnership" on sustainable critical and strategic minerals, the European Commission announced. The deal calls for cooperation in three areas: integration of "sustainable raw materials value…

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chains," cooperation on research "along the raw materials value chains," and cooperation to boost greater environmental, social and governance practices. The two sides will develop a road map with "concrete actions" over the next six months to implement the MOU, the commission said.