Mar 28, 2019

Vision for critical minerals industry lift-off

Vision for critical minerals industry lift-off

The Federal Government has released a strategy described as mapping out its vision for Australia as a world leader in exploration, extraction, production and the processing of critical minerals. 

Australia’s Critical Minerals Strategy 2019 aims to help the nation become a world powerhouse in the minerals that will underpin the industries of the future including agritech, aerospace, defence, renewable energy and telecommunications.

“Australia has abundant critical minerals, a world-class resources sector and a strongly supportive Government – essential to positioning ourselves as a reliable and secure international supplier of many critical minerals,”
Minister for Resources and Northern Australia Matt Canavan said.

“The strategy highlights the extensive work already underway and sets out actions the government is taking to strengthen Australia’s critical minerals industry by targeting the three ‘i’s – investment, innovation and infrastructure – to remove barriers for the sector.”

An Australian Critical Minerals Investment Prospectus compiled by Austrade and Geoscience Australia will soon be published on the Austrade website, providing detailed technical, commercial and geological data on the 24 critical minerals identified in the strategy.

The Liberal-National Government’s new Australia’s Critical Minerals Strategy can be found at www.industry.gov.au/CMStrategy

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