The Australian Government is highlighting international investment opportunities in Australia’s critical minerals industry through the annual Critical Minerals Prospectus.
Now in its fourth year, the Prospectus showcases Australia’s world-class production capabilities across 55 investment-ready Australian critical minerals projects.
These projects have significant potential to address forecast production shortfalls, build supply chain security, and deliver progress on a net-zero future.
Federal Minister for Trade and Tourism, Don Farrell, and Federal Minister for Resources and Northern Australia, Madeleine King, launched the 2022 Prospectus, which highlights the rising global demand for critical minerals and the enormous opportunity this creates for Australia to fill international market gaps.
Ms King said the Critical Minerals Development Program will provide an additional $50 million in competitive grants over three years to support early to mid-stage critical minerals projects, together with $50.5 million provided to the Critical Minerals Research and Development Hub.
Mr Farrell said, “Australia is uniquely positioned to meet global demand for critical minerals that underpin the transition to net zero. We are a trusted and reliable partner in diversifying critical minerals supply chains globally.
“The Prospectus showcases critical minerals opportunities for international investors, helping realise the potential for the global collaboration needed to bring these projects into production.
“We offer investors a stable business environment, transparent regulatory frameworks and a government committed to supporting critical minerals projects.”
The Australian Critical Minerals Prospectus is produced by the Australian Trade and Investment Commission (Austrade), with assistance from Geoscience Australia, the Critical Minerals Office, and the Department of Foreign Affairs and Trade.
