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Australia: A leading destination for critical minerals

By John Sheridan in General 47 views 31st Dec, 2022 Video Duration: N/A
Australia has untapped commercial deposits and major greenfield and shovel-ready projects ready for investment and off-take.

Australia has abundant reserves of critical minerals such as lithium, silicon and rare earths, which are key components of low-emissions technologies such as batteries, solar panels and electric vehicles which will help Australia and the world to lower emissions.

Australia already produces almost half of the world’s lithium, is the second-largest producer of cobalt and the fourth-largest producer of rare earths.
However, demand for low-emissions technologies is projected to skyrocket over the next three decades, which is expected to lead to more demand for lithium, cobalt, graphite and rare earth elements, among others.

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