Joint Statement of Intent between Australia and the United Kingdom on collaboration on critical minerals
The Australia and United Kingdom Critical Minerals Statement of Intent supports a commitment to strengthen international critical minerals supply chains, promote economic security and meet net zero targets. The countries will work together to pursue the following shared objectives:
- Increase and diversify critical minerals supply chains;
- Build downstream processing and manufacturing capabilities;
- Create skilled and high-paying jobs in regional communities.
Through the Statement of Intent, Australia and the United Kingdom intend to:
- Identify and promote investment opportunities in clean energy technologies and upstream extraction;
- Seek avenues for enhanced research and development collaboration, including geoscience, downstream minerals processing, and the development of environmentally sustainable technologies;
- Promote high environmental, social and governance (ESG) standards in critical minerals mining and processing;
- Consider further coordination of critical minerals policy;
- Encourage exchange of skills and expertise between Australian and United Kingdom firms.
- Collaborate on topics of resource efficiency, substitution or recycling of specific critical minerals.
The statement is coordinated by the Australia-United Kingdom Joint Working Group on Critical Minerals, who will identify an initial set of priorities for collaboration.
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