Australia has well positioned to benefit from the rise of critical minerals, according to the federal government’s Outlook for Selected Critical Minerals Australia 2021 report.
Released by the Office of the Chief Economist in the Department of Industry, Science, Energy and Resources, the report detailed the prospect for market growth in metals such as lithium, cobalt, graphite, vanadium, and rare earth elements like neodymium, praseodymium and dysprosium.
Minister for Resources, Water and Northern Australia Keith Pitt said Australia must take advantage of its privileged position in the market.
Read the article here: http
s://www.australianmining.com.au/news/australia-in-the-box-seat-for-rare-earths/
This article echoes what I wrote over a decade ago and it makes me wonder why we have been so slow to take advantage of our massive good luck.