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News: Australia to invest $15 bln in renewable energy, critical minerals, page-9

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raiderup

27,258 Posts.

82

14/05/24

19:56

Post #: 73822867
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Originally posted by Hingdog: ↑

"
Australia wants to build a battery chemicals industry to reap more value from its mineral wealth, but the nickel sector is facing thousands of job cuts after a jump in Indonesian supply saw prices plunge.
Earlier this year, Prime Minister Anthony Albanese's government classified nickel as a "critical mineral", allowing the local industry access to billions of dollars in cheap government loans"

Yeah what a great plan, lets subsidise the mining of minerals that we can only mine once. These donkeys not long ago were pushing for super profits taxes on mining, now they want companies to mine them at a loss and be subsidised by the tax payer? What sort of fools support this stupidity?

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Yeah, like iron ore, and coal are in the battery sphere.
You always peddle the mud.

Raider
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