Recent FIRB reforms have confirmed what the market already knew – that the Australian government considers secure access to critical minerals an issue of national interest and national security concern.
Over the last few years, media reports and government announcements have consistently referred to the importance of critical minerals and their role in the technological advancements necessary to manage and abate climate change.
“Critical minerals” is a generic term often used to refer to minerals such as lithium, graphite, cobalt, vanadium, scandium, copper, nickel and rare earth elements, each increasingly an essential component in technologies such as solar panels, wind turbines, batteries, electric vehicles, and other low emissions technology.
