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Australian-first critical minerals facility opens in Sydney

New critical minerals processing facilities have been opened in Sydney, aimed at strengthening Australia’s capability to refine resources used in renewable energy technologies, defence applications and other advanced industries, according to a joint media release from the Australian Government.

Manufacturing priorities underpin new details of Australia’s Critical Minerals Strategic Reserve

Manufacturing supply chains are set to be a key focus of the Albanese Government’s newly detailed $1.2 billion Critical Minerals Strategic Reserve, which aims to secure minerals essential to Australia’s economy, national security and domestic manufacturing capability. 

$3M investment to explore WA critical minerals processing facility

The Australian and Western Australian governments have announced a joint $3 million investment to support a feasibility study for a Critical Minerals Advanced Processing (CMAP) facility in Western Australia.

Australian Strategic Materials receives major gov’t backing for rare earths project

The Australian Government is positioning Dubbo as a central hub in its strategy to enhance Australia’s critical minerals and rare earths industry in New South Wales. 

Offshore exploration permits greenlit to support east coast gas supply, net zero goals

The Australian Government is set to finalise new offshore exploration permits for gas supply, aimed at firming renewables and supporting the economy during Australia's transition to net zero emissions.

Australia invests $2.5M in global critical minerals R&D effort

A new grant from the Australian Critical Minerals Research and Development Hub (R&D Hub) will support a CSIRO research program designed to advance critical minerals technology and enhance international collaboration in the field.

Grants to drive critical minerals production in Australia

The Australian Government will provide $13 million in grants to critical minerals projects in Queensland and South Australia to boost downstream processing and strengthen Australia’s sovereign capabilities.

Resource and energy export earnings expected to decline as prices stabilize

Australia’s resources and energy export earnings are forecast to normalize over the next two years as commodity prices return to long-term levels following the price spike after Russia invaded Ukraine.

Australian resource earnings to steady despite short-term declines

Resources and energy export earnings in Australia are projected to follow long-term trends in the next two years, buoyed by improved supply and a more favourable global economic outlook.

ASM advances rare earths project with US EXIM’s USD 600M support

Australian Strategic Materials Limited announced the reception of a non-binding and conditional Letter of Interest (LoI) from the Export-Import Bank of the United States (US EXIM), outlining a debt funding package of up to USD 600 million (AUD 923 million) for the construction and execution phase of the Dubbo Project, focusing on rare earths and critical minerals.
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