Federal Labor commits to energise Battery Minerals Industry
6 October 2018
AMEC has welcomed the commitment from Federal Labor to ‘supercharge battery metal manufacturing’ in Australia. See joint media release here.
In committing its support for battery metal manufacturing in Australia, Federal Labor has cited AMEC’s 2018 Report: A lithium industry in Australia: A value chain analysis of downstreaming Australia’s lithium resources.
The report commissioned by AMEC in conjunction with Members, was released in January this year and called on the State and Federal Governments to take action to seize this opportunity, to ensure Australia is able to realise greater value from our battery minerals.
Federal Labor has now committed to:
- Partner with state and territory governments to support further growth in battery metal processing and battery manufacture.
- Tasking Austrade to develop a Manufacturing, Export and Investment Strategy – starting with a review of the future of battery metal extraction and advanced processing.
- Making research into battery metal processing and battery manufacture a funding priority for the Australian Research Council (ARC)
This is to be further supported by Labor’s Australian Manufacturing Future Fund, the Northern Australia Infrastructure Facility as well as the new Australian Investment Guarantee.
“AMEC has been advocating to all Australian governments to take a leadership role to ensure Australia does not miss out on this opportunity.”
“This is a modern nation building opportunity, a chance to secure a significant position in a new emerging industry for Australia in what will quickly become one of the largest industries in the world.”
“This new industry will creates thousands of skilled jobs for Australians.”
“Both the Resource 2030 Taskforce Report, and the Chief Economist’s September 2018 Resources Quarterly Report clearly articulate the opportunity that exists for Australia.”
“AMEC will continue to engage with both the Federal Government and Federal Opposition to ensure bipartisan support for these nation building initiatives,” said Mr Pearce.