Oohh but Chris Ellison reckons the plan is a dud .. He said...

Oohh but Chris Ellison reckons the plan is a dud ..

He said “real action like tax incentives, fast-tracked approvals and financial assistance are urgently required if the Government is serious about competing in a post-Inflation Reduction Act world.”
https://thewest.com.au/business/min...als-strategy-a-missed-opportunity--c-11032111

Spoiler : See The West story today

Mineral Resources’ Chris Ellison brands hyped $500m Critical Minerals Strategy a ‘missed opportunity’

Daniel NewellThe West Australian
Tue, 20 June 2023 8:21AM



RTS Powering the Future: In conversation with Mineral Resources MD Chris Ellison and Anthony De Ceglie, Editor-in-Chief, The West Australian. Credit: Michael Wilson/The West Australian


Mineral Resources boss Chris Ellison has rained fire on the Federal Government’s new $500 million Critical Minerals Strategy, saying the blueprint fails to back up its much-hyped rhetoric with any meaningful investment.

Mr Ellison said the plan, which sets out a pathway to turn Australia into a “globally significant” producer of raw and processed minerals by 2030, would not help the country become a cost-competitive destination for battery chemical processing.
“This missed opportunity will keep Australia handicapped in the global race to capture more value from our battery minerals,” Mr Ellison said.
“Real action like tax incentives, fast-tracked approvals and financial assistance are urgently required if the Government is serious about competing in a post-Inflation Reduction Act world.”

MinRes has been among the players in Australia’s burgeoning critical minerals sector to call for Government support to compete with a multibillion-dollar Inflation Reduction Act in the US which will help fat track investment in domestic energy production, particularly clean energy.
More to come ..