While this announcement is about EGR and RNU loans it included the statement:
"At a time of booming global demand for smartphones, electric vehicles and other technologies this commitment from the Australian Government positions Australia strongly into the future in the critical minerals sector."
Graphite for batteries, HP Mn for batteries - there isn't really that much difference if the intent is to support minerals critical for EV's.
https://www.trademinister.gov.au/minister/dan-tehan/media-release/growing-australias-critical-minerals-sector-0
Ann: Scoping Study - HPMSM Conversion Plant Economics, page-57
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