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52 critical minerals projects ready to go

Manufacturing News

The federal government has released an Australian Critical Minerals Prospectus which showcases 52 high-quality, investment ready critical minerals projects.

Projects ripe for funding include mining, processing and value adding opportunities across the critical minerals supply chain, according to the prospectus.

Australia’s critical mineral resources are considered vital in the global shift to green technology such as solar panels, electric vehicles, and wind turbines.

Minister for Trade and Tourism Don Farrell said: “Australia is on the cusp of a golden age in critical minerals development. We are actively engaging with international trade and investment partners to diversify our critical minerals supply chains and create new opportunities.

“…More international investment in critical minerals means more jobs, including value-adding jobs for Australian workers on these projects.”

The latest Prospectus includes projects from the new Critical Minerals List, which is supported through the recently expanded $4 billion Critical Minerals Facility.

Minister for Resources Madeleine King: “The road to net zero runs through Australia’s resources sector.

“But we need to attract investment to get these minerals out of the ground, to process them here, to build the batteries, wind turbines and solar panels required make the switch to a lower carbon economy.

“This prospectus will help attract the investment we need to build new industries, create jobs and reduce global emissions.”

Picture: Don Farrell

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