The Economist magazine reports on the supply of critical raw materials, such as lithium, aluminium and cobalt. Many of these are supplied by countries with unstable governments, such as the Congo, or subject to sanctions, such as Russia.
Over the past few years, mineral resources have been discovered and increasingly exploited in Australia. The country is now becoming one of the suppliers of critical raw materials to industry in Europe, as the Economist highlights.
At the German Australian Business Council, we encourage the development of business relations on both sides of the globes, and we see the supply of critical raw materials as an important factor in strengthening the relations between our two countries.
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