Tag: critical minerals

The McGowan Government announced a $40 million investment to accelerate critical mineral discoveries, ensuring Western Australia is well-positioned to capitalise on economic opportunities as the world strives towards a net zero future. 

Australia’s lithium and base metal industries are expected to be worth approximately $47 billion in the current financial year amid strong demand in the country’s clean energy technology sector. 

Resources and mining ministers across federal, state, and territory governments across Australia are set to collaborate to support the development of Australia’s critical minerals sector. 

Minister for Mining and Industry Nicole Manison said that recent data found the cost of critical minerals exploration in the Northern Territory increased by about 30 per cent in 2022 to $198.6 million –up from $153.4 million in 2021. 

The Western Australian government has signed an agreement with a South Korean organisation to establish a cooperative framework for the exchange of scientific and technical knowledge across the entire mining value chain with a particular focus on critical minerals. 

Minister for Resources and Northern Australia Madeleine King met with key industry and community organisations to explore how to best promote Australia's critical minerals sector and maximise benefits across the country.

In a submission to the Labour Government's consultation on its proposed Safeguard Mechanism reforms, the Climate Council has called for the halt of any new big emitting initiatives, recommending that funding must be available to future-focused industries like green manufacturing and critical minerals.

Applications are now open for the Northern Territory Government's Geophysics and Drilling Collaborations program, which aims to assist an industry that supports thousands of local employment.

The Australian Academy of Technological Sciences and Engineering (ATSE) has urged for an immediate increase in national R&D expenditure and the widespread adoption of...

Mike Ferraro, chief executive officer and managing director of Alumina and incoming president of the Australian Aluminium Council, is urging the federal government to include bauxite (aluminium ore), alumina, and aluminium to the list of critical minerals.