Critical minerals, including rare earths, are crucial components of low-emissions technologies, such as batteries, electric vehicles and solar panels.Australia has some of the world’s largest reserves of critical minerals. Building on the sector by generating new downstream industries and diversifying global supply chains will help Australia and its partners to meet net zero commitments. Australia is the world’s largest lithium producer, and latest figures forecast the value of lithium exports are due to increase more than 10-fold over two years, from $1.1 billion in 2020-21 to almost $14 billion in 2022-23, with export volumes expected to grow steadily in future years.
Serious projected growth of which we are a part Go CXO Go
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