Minister for Climate Change and Energy Chris Bowen was on 'Insiders' this morning.
Mentioning the Quad and battery materials Chris Bowen was confirming they were keeping an eye on supply chains.
While this specific segment mentioned lithium as an example it was indicated from the interview that they were looking at all battery materials.
It seems they want to make more solar panels and batteries in Australia.
I am not saying this is breaking news it is purely an example that the wind perhaps has changed in regards to renewables in Australia and with our strategic partners. I believe this won't hurt AUZ.
AUZ Price at posting:
9.4¢ Sentiment: Hold Disclosure: Held
(20min delay)