Northern Territory Critical Minerals Strategy
The global revolution of the battery industry presents a once-in-a-generation opportunity for the Northern Territory. The spodumene that could be mined in the Northern Territory has a lower conversion cost to lithium hydroxide when compared to the brine evaporated in other jurisdictions. This comparative advantage, is reinforced by tariff advantages when compared with China, making Australia cost competitive in a technology and industry that is not reliant on cheaper labour costs.
For the Northern Territory the critical minerals opportunity is broader than lithium mining and processing.
Download AMEC's Submission below.