Overview
- EU Trade Commissioner Maros Sefcovic said a first selection of Australian projects has been made, with the official list to be released very soon.
- Financing routes under consideration include equity stakes, long-term off‑take agreements and joint investments.
- Backers could include the European Investment Bank, national development banks and industrial companies offering prepayment to secure supply.
- Sefcovic met Australian resources minister Madeleine King to discuss specific projects and funding options to bolster the bloc’s resource security.
- Talks on an Australia‑EU free trade agreement have regained momentum, with negotiations expected to resume early next year after a 2023 breakdown over agricultural access.