SACE, Italy’s export credit agency, has signed a joint declaration with the government of Western Australia to deepen cooperation on critical minerals, clean-energy technology and strategic supply chains \u2014 binding Rome’s industrial ambitions to one of the world’s richest mineral frontiers<\/p>\n
Signed in Perth by SACE president Guglielmo Picchi and Western Australia\u2019s Agent General Rebecca Tomkinson, the declaration commits both sides to a \u201cstable dialogue\u201d aimed at opening new investment and business opportunities between Italian and Australian companies.<\/p>\n
Decoding the news: Gianclaudio Torlizzi, adviser to Italy\u2019s defence minister and a member of Picchi\u2019s delegation, told Decode39 Western Australia laid out its leadership across the critical-minerals chain \u2014 from exploration and extraction through to processing \u2014 while SACE stressed its interest in backing \u201cdiversified and sustainable\u201d supply sources for Italian investment in clean energy, advanced manufacturing and strategic industry.<\/p>\n
Why it matters: The declaration sketches out several priority areas, according to Torlizzi:<\/p>\n
Building resilient supply chains linking Western Australia and Italy;
\nSharing information on projects and investment opportunities;
\nPromoting joint initiatives for companies, institutions and market operators.
\nBoth sides also flagged the need to knit together governments, financial institutions and industry to drive innovation, skills and growth in critical-minerals and energy-transition technologies.<\/p>\n
The bigger picture: The pact slots into a widening Rome-Canberra partnership on critical minerals and the energy transition. Only weeks earlier, Italian ambassador Nicola Lener and Australian minister Madeleine King held a bilateral meeting on the same theme, while two-way trade topped 900 million Australian dollars in the last financial year.<\/p>\n
Western Australia \u2014 rich in critical minerals and battery materials \u2014 is positioning itself as a dependable supplier as governments scramble to loosen dominant players\u2019 grip on the inputs of the green transition.<\/p>\n
What it signals: For Rome, the agreement is another move to de-risk access to the raw materials underpinning Europe\u2019s industrial and clean-energy shift. WA mining minister Daniel Pastorelli cast the state as a \u201creliable\u201d investment destination capable of building \u201csecure and resilient\u201d supply chains, and pointed to closer work with Italy to unlock opportunities in critical minerals and batteries.<\/p>\n
The message from both capitals is unmistakable: securing the building blocks of the energy transition has become a strategic priority \u2014 and one increasingly pursued through partnerships that reach across hemispheres.<\/p>\n","protected":false},"excerpt":{"rendered":"SACE, Italy’s export credit agency, has signed a joint declaration with the government of Western Australia to deepen…\n","protected":false},"author":2,"featured_media":846892,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[64,63,44],"class_list":["post-846891","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australia","tag-au","tag-australia","tag-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/846891","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=846891"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/846891\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/846892"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=846891"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=846891"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=846891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}