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Politics

Dominic Giannini

Australia, EU mineral pact 'augurs well' for free trade

European Union Australia Europe Don Farrell Madeleine King

Australia has some of the largest critical minerals deposits, including 52 per cent of lithium. (HANDOUT/FLEET SPACE TECHNOLOGIES)

A new agreement between Australia and the European Union to boost the supply of critical minerals and technology is being heralded as a positive step towards a full free trade negotiation.

Australian Trade Minister Don Farrell and Resources Minister Madeleine King signed the memorandum of understanding with EU Trade Commissioner Valdis Dombrovskis and Internal Market Commissioner Thierry Breton on Tuesday.

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