The Tasmanian Government has released its Critical Minerals Strategy in a renewed effort to position the state as a leader in the supply of critical minerals for global markets.
Critical minerals are foundational to advancing modern technology, from medical devices and electronics to renewable energy systems.
The strategy aims to boost the discovery, extraction and processing of high-value minerals vital for advancing technology and supporting a sustainable future through the release of the strategy.
Tasmanian Minister for Business, Industry and Resources, Eric Abetz, said that the Critical Minerals Strategy harnesses Tasmania’s unique geological assets and renewable energy advantages, setting the state on a path to become a leader in the supply of critical minerals for global markets.
“Tasmania is among the most mineralised places on the planet and this new strategy aims to leverage our unique geological advantages to attract local investment, create jobs and support a low-carbon economy,” Mr Abetz said.
“The strategy focuses on identification of new mineral reserves to drive investment and development of critical mineral processing and value-adding capacity in Tasmania for the best possible return.
“Tasmania’s mining and minerals processing sector is already worth almost $3 billion a year and supports around 6,800 local jobs, and the government’s 2030 Strong Plan for Tasmania’s Future will drive further growth as well as increasing the value of exported mineral products.”
Ms Abetz said that critical minerals are essential for powering the next generation of technologies, from renewable energy systems to advanced electronics, which is why the Tasmanian Government is investing $3 million to accelerate this strategy.
“Tasmania has significant mineral potential and a renewable energy advantage, which provide the perfect setting for investment in the development of our resources for the benefit of all Australians,” Mr Abetz said.
“With this strategy, we aim to build a sustainable future while cementing Tasmania’s role as a global source of critical minerals.”
