VFBATTERY REPORT

Rest of World

Pages 294–298 (5 pages)

Battery Report 2023, page 298: Rest of World
Text on page 298

Australia Rest Of World

Australia

A focus on critical material supply with ESG emphasis Australian battery policy is centered around the global contribution they can make to mining of the minerals critical in the battery supply chain, with a strong emphasis on positive environmental, social and governance. The strategy is supported by billions of Australian dollars through the National Reconstruction Fund and Northern Australian Infrastructure Facility. Australia published their Critical Mineral Strategy with a focus on 6 key areas:

Developing strategically important projects

Attracting investment and building international partnerships

First Nations engagement and benefit sharing

Promoting Australia as a world-leader in ESG performance

Unlocking investment in enabling infrastructure and services

Growing a skilled workforce

Also in 2023:

The Critical Mineral list was updated and a Strategic Mineral list was created to include battery-relevant minerals such as Nickel, Copper, Fluorine, Phosphorus and Aluminium.

A consultation was held concerning the development of a National Battery Strategy.

A proposal for an Australian Made Battery Plan was also published and comprises two main aspects: 1) Battery Precinct Equity Investment and 2) Powering Australia Growth Centre, representing $123m Australian dollars. Source: Australian Battery Policy Explainer; Critical Mineral Strategy; Critical Mineral List; Critical Mineral List Update 23; National Battery Strategy Consultation; Australian Made Battery Plan

Extracted from the PDF; charts and images may read imperfectly.

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