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Strategic Minerals: France Ready to Invest in Australia

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France is one of the countries interested in investments in Australian mining projects related to critical minerals, according to Australian Resources Minister Madeleine King. This interest comes in an international context marked by the desire to secure the supply of essential raw materials for modern technologies.

These resources, including rare earths, are essential for the production of high-tech products, from batteries to electronic equipment. Many countries are seeking to reduce their dependence on China, which largely dominates these supply chains on a global scale.

Global competition to secure resources

Australia, rich in mineral resources, has forged numerous partnerships in recent years. It has notably signed an agreement with the United States involving several billion dollars in investments, as well as collaborations with Japan, India, South Korea, and several European countries, including France.

Paris is showing a growing interest, with commitments already made at the political level and through financial tools such as Bpifrance Export Insurance. However, unlike other partners, France has not yet announced massive financing for mining projects in Australia, suggesting a strategy still under construction in this strategic sector.