Australia releases new Prospectus for critical minerals projects

Today, Australia has released the Australian Critical Minerals Prospectus, which showcases 52 high-quality, investment-ready critical minerals projects.

Critical minerals projects ready for funding include mining, processing and value-adding opportunities across the critical minerals supply chain, all of which would see more jobs for Australians.

Madeleine King, Australia’s Minister for Resources, stated: “The road to net zero runs through Australia’s resources sector.

“Australia’s critical minerals are key to the world’s energy transformation. But we need to attract investment to get these minerals out of the ground, process them here, and build the batteries, wind turbines and solar panels required to switch to a lower carbon economy.

“This Prospectus will help attract the investment we need to build new industries, create jobs, and reduce global emissions.”

Australia’s critical mineral resources are vital for a net zero economy

The Albanese Government is committed to transitioning to a net zero economy, and Australia’s critical mineral resources will be vital in the global shift to green technology such as solar panels, electric vehicles, and wind turbines.

The latest Prospectus showcases projects from the new Critical Minerals List and Australia’s capability to meet rising global demand in critical minerals while building supply chain security.

Independent research has found that Australia remains the most attractive region globally for mining investment, with its secure economy backed by strong exports, services, and a stable regulatory environment.

Strong and dedicated investment

The Australian Government actively supports investment in critical minerals projects, including through the recently expanded $4bn Critical Minerals Facility.

More information about the Prospectus, including updated figures of Australia’s critical mineral resources, and information on new developments in the market is here: Critical Minerals Prospectus: Australia’s Opportunity to Lead the World.