Business Council for Sustainable Development Australia’s Post

🌏🔗 Exciting Developments in the Critical Minerals Sector! 🌏🔗 Australia and the European Union have recently inked a groundbreaking Memorandum of Understanding that paves the way for significant investments in critical minerals like nickel. This agreement is poised to enhance both regions' positions in the global market for sustainably sourced materials, vital for our clean energy future. Why is this important? The deal not only promotes high Environmental, Social, and Governance (ESG) standards but also aligns with the Australian government's efforts to secure strategic trade relations amid growing global demand for 'green' minerals. This is particularly crucial as industries worldwide shift towards more sustainable practices, reducing environmental footprints and increasing the use of renewable energy sources. This partnership could potentially revive free trade talks previously stalled by agricultural disputes, opening new doors for trade and investment opportunities. For businesses, this means better integration into European markets, particularly for products meeting high sustainability standards. The focus on ESG in mineral processing and trade underlines the critical need for transparency and high ethical standards in supply chains. It’s a call to action for businesses to elevate their practices and embrace sustainability not just as a compliance measure, but as a core business strategy. Could this be the catalyst for more sustainable business practices in your industry? Read more about this transformative agreement: https://lnkd.in/gXCW2yP2 #Sustainability #CriticalMinerals #GreenEnergy #ESG #BusinessLeadership #TradeAgreements #BCSDAustralia #AI #Innovation Tim Buckley Sue Brown Mary Stewart Ilona Millar Peter Bakker Eva Zabey

EU critical minerals deal a boost for ‘green premium’ nickel

EU critical minerals deal a boost for ‘green premium’ nickel

afr.com

Mary Stewart

CEO Energetics, PhD, GAICD, Chartered Engineer, FIChemE

5mo

Always interesting when big industries take big steps, others should follow!

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