{"id":79530,"date":"2023-10-27T13:43:16","date_gmt":"2023-10-27T04:13:16","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=79530"},"modified":"2023-10-27T14:17:48","modified_gmt":"2023-10-27T04:47:48","slug":"critical-minerals-bonanza","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/critical-minerals-bonanza\/","title":{"rendered":"Australia Doubles Down on Critical Minerals to Counter China’s Dominance"},"content":{"rendered":"
\"Greenbushes

Greenbushes lithium mine, WA<\/p><\/div>\n

The federal government wants more of Australia\u2019s critical minerals like lithium to stay on these shores for battery manufacture, rather than being sent overseas, and has devoted another $2 billion to the cause.<\/p>\n

Prime minister Anthony Albanese\u2019s announcement<\/a> said the decision was taken following the first Australia-United States Taskforce on Critical Minerals meeting during his US visit.<\/p>\n

The funding doubles the amount of money available for miners and processors of minerals like cobalt, lithium, manganese and rare earths; the government said it takes the total government investment in value-adding to Australian resources to $6 billion.<\/p>\n

As we noted in April<\/a>, Australia accounted for 53 percent of world lithium production last year, worth more than $5 billion to the economy.<\/p>\n

The funding \u201cwill solidify Australia’s position as a world leading provider, help the transition to net zero, boost the economy and support more jobs and opportunities for Australians\u201d, Albanese\u2019s press release said.<\/p>\n

\u201cCooperation with the United States on critical minerals is central to the Climate, Critical Minerals and Clean Energy Transformation Compact. The Compact affirms the position of climate and clean energy as the third pillar of Australia’s alliance with the United States.\u201d<\/p><\/blockquote>\n

As the ABC noted<\/a>, the move would help reduce reliance on China\u2019s supplies of critical minerals.<\/p>\n

That was highlighted by US Commerce Secretary Gina Raimondo, who said China\u2019s dominance could cause the US \u201ca great deal of pain, very quickly\u201d, the ABC story said.<\/p>\n

\u201cAnd so we have a job to make sure that doesn’t happen, by drawing closer to one another and becoming less vulnerable.\u201d<\/p><\/blockquote>\n

The ABC quoted the prime minister as saying:<\/p>\n

\u201cWe want to move Australia up the international value chain in critical minerals, energy and manufacturing.\u201d<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

The federal government wants more of Australia\u2019s critical minerals like lithium to stay on these shores for battery manufacture, rather than being sent overseas, and has devoted another $2 billion to the cause.<\/p>\n","protected":false},"author":23,"featured_media":79574,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-79530","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"\nAustralia Doubles Down on Critical Minerals to Counter China's Dominance<\/title>\n<meta name=\"description\" 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Australia's critical minerals list is based on global technology needs, including supporting the renewable energy revolution. Among the resource commodities\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Critical minerals mining - Western Australia","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/04\/critical-minerals-mining.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/04\/critical-minerals-mining.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/04\/critical-minerals-mining.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/04\/critical-minerals-mining.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/04\/critical-minerals-mining.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":74661,"url":"https:\/\/www.solarquotes.com.au\/blog\/core-lithium-finniss\/","url_meta":{"origin":79530,"position":2},"title":"Core Lithium Cleared to Open Second Mine in Northern Territory","author":"Richard Chirgwin","date":"May 12, 2023","format":false,"excerpt":"Core Lithium, which opened its first lithium mine in the Northern Territory last October, has received government approval to open a second operation. The Northern Territory Government yesterday announced the approval of the BP33 mine, the second at the Finniss Lithium operation near Darwin. BP33 will be an underground mine\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"map showing finniss","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/05\/core-lithium-finniss.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/05\/core-lithium-finniss.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/05\/core-lithium-finniss.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/05\/core-lithium-finniss.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/05\/core-lithium-finniss.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":88568,"url":"https:\/\/www.solarquotes.com.au\/blog\/lithium-wa-loans-mb3082\/","url_meta":{"origin":79530,"position":3},"title":"Western Australia’s Lithium Miners Offered A Helping Hand","author":"Michael Bloch","date":"December 27, 2024","format":false,"excerpt":"WA's lithium industry currently supplies around 50 per cent of the world's needs, and the Cook Government would like to keep things that way. Lithium is used in all sorts of energy storage applications; everything from cordless tools to home batteries and electric vehicles. Back in early 2023, Australian miners\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Lithium mining in Western Australia","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/12\/lithium-miners-loans.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/12\/lithium-miners-loans.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/12\/lithium-miners-loans.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/12\/lithium-miners-loans.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/12\/lithium-miners-loans.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":39625,"url":"https:\/\/www.solarquotes.com.au\/blog\/solar-storage-northern-minerals-mb1516\/","url_meta":{"origin":79530,"position":4},"title":"Solar + Storage For Northern Minerals Mining Project","author":"Michael Bloch","date":"May 8, 2020","format":false,"excerpt":"Soluna Australia and Northern Minerals have inked a letter of intent relating to the development of a solar power and battery storage facility at Northern Minerals' Browns Range operation in Western Australia. The Browns Range site is pretty much in the middle of nowhere - around 1,900 kilometres northeast of\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Solar and storage for Browns Range","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/05\/solar-storage-browns-range.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/05\/solar-storage-browns-range.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/05\/solar-storage-browns-range.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/05\/solar-storage-browns-range.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/05\/solar-storage-browns-range.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":27588,"url":"https:\/\/www.solarquotes.com.au\/blog\/wa-battery-industry-strategy-mb0922\/","url_meta":{"origin":79530,"position":5},"title":"WA’s Future Battery Industry Strategy Launched","author":"Michael Bloch","date":"February 1, 2019","format":false,"excerpt":"WA Premier Mark McGowan says the battery industry offers a once-in-a-lifetime opportunity for Western Australia. The McGowan Government took the wraps off its Future Battery Industry Strategy yesterday, which it says won't just help turn WA into a leading exporter of battery minerals and materials, but also of technologies and\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Western Australia battery industry strategy","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/battery-industry-strategy.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/battery-industry-strategy.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/battery-industry-strategy.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/battery-industry-strategy.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/battery-industry-strategy.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/79530","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=79530"}],"version-history":[{"count":4,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/79530\/revisions"}],"predecessor-version":[{"id":79572,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/79530\/revisions\/79572"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/79574"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=79530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=79530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=79530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}