Canberra: The European Union has signalled strong interest in taking direct stakes in a number of Australian mineral projects as part of its wider plan to secure long term supplies of critical raw materials needed for technology, clean energy and defence industries.

EU trade commissioner Maros Sefcovic said during his visit to Australia that Europe is ready to invest in selected projects and support them through joint ventures, equity partnerships or long term purchase agreements. He said the EU would soon publish a list of Australian projects that it considers strategically important.

The move comes as Europe works to reduce its dependence on single source suppliers after the disruption caused by past energy shocks and concerns about global supply chains dominated by China. Critical minerals such as lithium and rare earths are essential for batteries, electric vehicles, wind turbines and advanced technology.

The European Investment Bank has also begun discussions with the Australian government on deeper cooperation across the full mineral value chain, including exploration, processing and recycling. Officials said both sides are working on ways to share financial risks and accelerate project development.

Australia has been positioning itself as a dependable partner for countries seeking stable access to minerals. Trade minister Don Farrell recently described the period as a golden age for critical minerals, pointing to strong global demand and new opportunities for investment.

The push for closer cooperation is also linked to efforts to revive free trade talks between the EU and Australia, which stalled last year. Officials from both sides say they hope to return to negotiations in early 2026, though Australia has stressed that any agreement must protect its national interests and domestic industries.

For now, both partners say that greater collaboration in the resources sector will help strengthen supply security for Europe while supporting economic growth and new jobs in Australia.