Hon Bill Johnston MLA

Hon Bill Johnston MLA

Minister for Mines and Petroleum; Energy; Corrective Services; Industrial Relations

    Minister Johnston launches AMEC's Critical Minerals prospectus

    30/10/2020 7:00 AM
     
    • AMEC's Critical Minerals prospectus reveals investment opportunities in Australia
    • Critical minerals include nickel, cobalt, lithium and rare earth elements 

    Mines and Petroleum Minister Bill Johnston today launched the Association of Mining and Exploration Companies' (AMEC) Critical Minerals Investment Opportunities prospectus.

     

    The prospectus provides an informative investment guide to numerous critical minerals projects that are exploring, developing and producing throughout Australia.

     

    Demand for critical minerals, particularly battery minerals, has grown exponentially and this is expected to continue to increase in the next decade.

     

    It has been reported that the global lithium value chain is expected to grow from $165 billion to $2 trillion by 2025.

     

    Nearly half of the 42 companies profiled are based in WA including Australian Vanadium, Chalice Gold Mines, IGO, Mineral Commodities, Neometals, RareX, Pilbara Minerals, Tungsten Mining and Venturex Resources.

     

    For more information, visit https://www.amec.org.au/australias-critical-minerals-opportunities

     

    Comments attributed to Mines and Petroleum Minister Bill Johnston:

     

    "Congratulations to AMEC for putting together this very informative guide on investing in Australia's critical minerals industry. 

     

    "Western Australia is well-equipped to meet the global demand for critical minerals. Western Australia is the best location to meet the demands for the ethical and sustainable production of critical minerals.

     

    "Our State already has all the minerals you need to make batteries and it was recently confirmed that building a battery cathode manufacturing hub in WA is feasible.

     

    "The McGowan Government is supportive of WA's mining industry, particularly developing projects that create WA jobs and diversify our economy." 

     

    Minister's office - 6552 6700