Share on LinkedInShare on LinkedIn

ARTICLE · 01 MAY 2023

Market update 2023: critical minerals

McCullough Robertson
Explore more from McCullough Robertson

Government support for the critical minerals supply chain sets this sector apart when it comes to opportunities.

AustraliaEnergy and Natural Resources
Liam Davis
Liam Davis
Kate Swain
Kate Swain
Andrew Bukowski
Andrew Bukowski
Meg Morgan
Meg Morgan
Author LinkedIn connections

2023 outlook

The surge in demand for critical minerals is expected to continue in 2023 and beyond, as battery and automotive sectors source these minerals to facilitate global decarbonisation targets. The investment in clean energy technologies – and in turn, the demand for the minerals which make up those technologies – is expected to quadruple by 2050. Australia has huge potential to succeed in this market, with its 'triple threat' combination of vast geological resources, a mature and skilled mining industry, and a stable economy. The industry has also seen generous State and Federal Government support through various funding initiatives, such as the development of onshore processing and manufacturing capabilities.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

NSW Raises The Bar For IPC Referral Of Major Energy Projects, And Effectively Removes It For BESS

The NSW Government has doubled the objection threshold for electricity generating works to be referred to the Independent Planning Commission (IPC) and removed objection-based IPC referral for battery energy storage systems altogether. These changes seek to materially reduce approval risk for proponents across the energy sector.
AustraliaEnergy and Natural Resources
Herbert Smith Freehills Kramer LLP
Herbert Smith Freehills Kramer LLP
Article

When Mining Or Exploration Comes To Your Station

Pastoralists should identify the water and operational assets that matter to the station before activity begins, then ensure any access or commercial agreement clearly deals with monitoring, disruption, rehabilitation, liability and review. The legal position will depend on the mining or exploration licence (as the case may be), the pastoral lease, government policy, approvals and proposed activity, but early preparation gives a family stronger footing in discussions.
AustraliaEnergy and Natural Resources
HHG Legal Group
HHG Legal Group
Article

Rethinking Utility Hardship: From Reactive Support To System-wide Change

Utility organizations face mounting pressure to address customer hardship through comprehensive ecosystem changes. This analysis explores how utilities can implement interventions across individual, organizational, and systemic levels to create meaningful impact. The framework presented offers a multi-layered approach to transforming reactive support into proactive, system-wide solutions.
AustraliaEnergy and Natural Resources
KordaMentha
KordaMentha