Source: Australian Parliamentary Secretary to the Minister for Industry
Today I will travel to the United States for a series of meetings with international counterparts about critical minerals and the global economy.
This is all about making Australian workers and businesses big beneficiaries of the big shifts that are shaping the global economy.
The world needs critical minerals, Australia has plenty of them, and that’s where we see a big opportunity.
Everyone benefits from stronger and more diverse critical minerals supply chains, but especially Australia, and that’s what this work is all about.
Whether it’s our resources or renewable energy, our skills or stability, Australia has exactly what the world needs, when the world needs it, and that’s well understood by our closest counterparts.
I’ll join finance ministers from all G7 countries as well as India, Mexico and the Republic of Korea for a series of strategic discussions about strengthening critical minerals supply chains.
While in Washington DC, I’ll have bilateral meetings with US Treasury Secretary Scott Bessent, UK Chancellor Rachel Reeves, Japanese Finance Minister Satsuki Katayama and Canadian Minister of Finance and National Revenue the Hon François‑Philippe Champagne.
In these meetings, my focus will be on showcasing Australia’s strengths as an investment destination, promoting resilience in global markets and sharing insights on the global economic outlook.
As part of this, I’ll update my international colleagues on Australia’s Critical Minerals Strategic Reserve, under development by Minister for Resources Madeleine King, which is all about boosting Australia’s critical minerals sector and strengthening supply chains for our international partners.
In the face of growing global uncertainty and ongoing geopolitical tensions, this is a critical time to confer with counterparts.
Collaborating on critical minerals will help to make our economies and our supply chains stronger and more resilient and make our people big beneficiaries of global churn and change.
