Oct 21, 2020

Fresh pitch for critical minerals investment

Fresh pitch for critical minerals investment

There’s a new tool to pitch Australia’s critical minerals projects and greenfield opportunities to investors.

The Australian Critical Minerals Prospectus 2020, identifies significant commercial opportunities in hundreds of critical minerals and rare earth elements projects across Australia.

Federal Minister for Trade, Tourism and Investment Simon Birmingham said Australia had some of the richest stocks of critical minerals and it was vital every possible step was taken to highlight to overseas investors the enormous potential of this emerging sector.

“Australia is lucky to have an abundance of critical minerals, our next challenge is to attract the necessary overseas investment to get projects up and running, including in high-value activities such as processing and manufacturing,” Mr Birmingham said. 

The 2020 Prospectus expands on the first edition, which focused on rare-earths projects, by incorporating a broader range of critical minerals opportunities.

It also builds on last year’s release of Australia’s first Critical Minerals Strategy and the recent creation of the Critical Minerals Facilitation Office.

Minister for Resources, Water and Northern Australia Keith Pitt said critical minerals were key inputs for an increasing range of high-tech applications, including advanced manufacturing, health technologies and defence and space industries.​

“Businesses all over the world are looking to de-risk their supply chains and secure stable sources of critical minerals, and Australia offers a reliable and trusted option,” Mr Pitt said.

“We have technologically advanced, innovative and efficient resources and METS sectors, globally recognised environmental practices, and a Government that supports investment.”

  • The Australian Critical Minerals Prospectus 2020 can be found HERE