Extract of PM’s speech : He speaks very positively about avl but...

Extract of PM’s speech : He speaks very positively about avl but nothing specific relating to new news imminent for avl, let’s just keep our fingers crossed.


“It's about jobs and setting Australia up for the future. About making the most of the resources that we have both under the ground, but also, of course, our solar resources as well. And the plant here I thank very much, the welcome that we've had from Graham here at Australian Vanadium. This is a company which, according to its CEO, has thrived because of the support of the Federal Government. It's creating jobs not just here, but of course at the plant just south, the mine just south of Meekatharra as well. And they have plans for other job creation as well through this company.

I want to say that my Government backs WA and we back the WA resources sector. I want a future made right here in Australia by Australian workers and Australian businesses. And this is an example, the sort of investment in batteries that we see isn't a technology where we're talking about Australia's energy future in the 2040s. This is technology that's here right now. A technology in which Australia has an enormous advantage. We have the third largest vanadium resources in the world, and we have everything, therefore, that can go into a battery that can make sure that during those hours when it's needed, solar energy can be stored from rooftop solar and can feed into the grid here in WA, but can also be a part of the future on the east coast and throughout our great country. But also, of course, has enormous potential for exports and to produce revenue for Australia. The fact is that we talked as well about our production tax incentives, something as well that will reward success here in WA. Last week, that legislation went through the House of Representatives, last Thursday. It will go to the Senate when Parliament returns. And that is about backing Australian jobs and backing Australian industry.”