"The prospectus showcases 52 high-quality, investment-ready critical minerals projects that the government hopes will attract further local and international investment.
Let's check out which ASX mining shares have projects being spruiked by the government.
5 ASX mining shares with projects in the prospectus
The prospectus forms part of the Critical Minerals Strategy 2023-2030.
The strategy aims to make Australia a globally significant producer of raw and processed critical minerals.
The purpose of the prospectus is to attract investment from local and global investors to help Australia develop new mines and build the new industries it needs to become a renewable energy superpower.
Here are five ASX mining shares featured in the
subject of (
Liontown Resources Ltd (ASX: LTR)
In the prospectus, the government tells investors that Liontown's Kathleen Valley hard-rock lithium project is world-class in scale and economics, with first production due in mid-2024. The government tells investors that Liontown will deliver US Inflation Reduction Act-compliant material to Tier 1 customers.
According to the prospectus:
Liontown is progressing studies into downstream processing options to convert spodumene concentrate into higher grade outputs. The Company is ideally positioned to be a fully integrated lithium producer to capture long-term value from mine to end-use in the EV market."
https://www.********.au/2024/02/02/...~:text=The prospectus showcases,the EV market.
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