Industry minister Ed Husic has given the strongest indication yet that the federal government will back with cash new battery manufacturing in Australia.Speaking to the Australian Information Industry Association, Husic indicated funds would come from the government’s $15 billion National Reconstruction Fund.One of the fund’s seven priority areas is in manufacturing renewables and the deployment of low-emission technology. Husic said: “The government will earmark up to $3 billion within our National Reconstruction Fund to support our Powering Australia Plan, which has got a strong immediate focus on building up local manufacturing capability and help speed up the deployment of solar, wind, batteries, transmission for the electricity sector and potentially EVs for the transport sector.” QUOTE
COB’s primary cobalt deposit is a real asset to the Australian market IMO
https://www.aumanufacturing.com.au/we-want-to-be-able-to-manufacture-batteries-husic
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