EU Vows Wave of Investment in Australia's Critical Minerals
By Daniel Rao, TechPulse USA Europe has spent years talking about escaping China's grip on the minerals that power everything from fighter jets to wind turbines. Now its ambassador to Australia says the money is coming — a "wave of investment", a deal eight years in the making, and a pitch that stretches from mine gates to refineries. The catch is large: most of the headline figures are not yet money in the bank, the trade deal is not yet signed and ratified, and the refineries both sides keep praising are still, for the most part, plans on paper. That tension — big rhetoric, unfinished plumbing — is the real story out of Sydney this week. Lawrence Meredith, the European Union's ambassador to Australia, speaking in Sydney, told Reuters on 27 October 2026 that the EU expects "a wave of investment" into Australia's critical minerals sector as Europe diversifies away from China. "The European Union will be massively investing in critical minerals. S...