CSIRO has released what it says is a world-first assessment providing “a comprehensive overview” of innovation opportunities for value-adding to critical minerals in the global energy transition.
Released on Wednesday, From Minerals to Materials focusses on the local “mid-stream processing industry” opportunities across lithium, cobalt, silicon, rare earth elements and graphite.
According to a summary, research development and demonstration (RD&D) investment and international collaboration are important to tapping into the potential, with three RD&D themes singled out to enable sovereign critical minerals processing across various supply chains:
Australia is rich in critical mineral resource assets and strong across several mid-stream activities, said Max Temminghoff, Minerals lead at CSIRO Futures.
“To become competitive in mid-stream processing, promoting innovation, coordinating efforts across industry, research and government and international collaboration are essential,” added Temminghoff.
“Innovation plays a crucial role in improving existing commercial processes and introducing disruptive technologies to support cost-competitive and sustainable production of materials in Australia that are essential to the energy transition and in high global demand.
“By fostering innovation and collaboration, Australia can also capitalise on the international demand for minerals needed to support the energy transition and strengthen its global leadership in critical mineral processing.”
The report can be accessed here.
Picture: credit CSIRO