{"id":1107980,"date":"2019-03-28T14:16:41","date_gmt":"2019-03-28T14:16:41","guid":{"rendered":"http:\/\/www.mining.com\/?p=978621"},"modified":"2019-03-28T14:16:41","modified_gmt":"2019-03-28T14:16:41","slug":"australia-launches-critical-minerals-strategy-2019-focused-on-innovation-and-tech","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1107980","title":{"rendered":"Australia launches Critical Minerals Strategy 2019 focused on innovation and tech"},"content":{"rendered":"<p>The Federal Government of Australia launched today the <a href=\"https:\/\/www.industry.gov.au\/data-and-publications\/australias-critical-minerals-strategy\"  rel=\"noopener\">Critical Minerals Strategy 2019<\/a> aimed at putting emphasis on what politicians call \u201cthe industries of the future.\u201d In their view, these sectors include agritech, aerospace, defense, renewable energy and telecommunications.<\/p>\n<p>\u201cWe have some of the world\u2019s richest stocks of critical minerals and while the market for some of our minerals such as lithium is relatively mature, other minerals markets such as cobalt remain largely underdeveloped in Australia,\u201d said the Minister for Trade, Tourism and Investment Simon Birmingham from Kemerton, the area where Albemarle\u2019s lithium processing plant is being built.<\/p>\n<p>In Birmingham\u2019s view, Australia needs to work a little bit harder on attracting and locking-in domestic and overseas investment to get projects off the ground. \u201cThat\u2019s why a key part of this strategy is about how industry and government agencies such as Austrade can work together to promote our potential to the world to attract more international investment, particularly in downstream projects and greenfield opportunities,\u201d he said.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignright wp-image-978623\" src=\"http:\/\/www.mining.com\/wp-content\/uploads\/2019\/03\/Screen-Shot-2019-03-28-at-7.08.18-AM-300x290.png\" alt=\"\" width=\"400\" height=\"387\" srcset=\"http:\/\/www.mining.com\/wp-content\/uploads\/2019\/03\/Screen-Shot-2019-03-28-at-7.08.18-AM-300x290.png 300w, http:\/\/www.mining.com\/wp-content\/uploads\/2019\/03\/Screen-Shot-2019-03-28-at-7.08.18-AM-768x742.png 768w, http:\/\/www.mining.com\/wp-content\/uploads\/2019\/03\/Screen-Shot-2019-03-28-at-7.08.18-AM.png 990w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/p>\n<p>The Strategy reinforces the work of the A$100.5 million Exploring for the Future initiative, which is aimed at helping explorers target new mineralization by using high tech to observe the deepest roots of mineral systems all the way through to the surface.<\/p>\n<p>The plan also supports the work of the MinEx Cooperative Research Centre, a 10-year research program whose goal is to develop and deploy the next generation of drilling technology and which will receive A$20 million in the coming years.<\/p>\n<p>The 2019 action plan contemplates that the Cooperative Research Centre for Optimising Resource Extraction consumes all of its A$34.45 million in funding by 2021 as it works on developing energy-saving and resource-expanding technology that will allow lower-grade ores to be economically and eco-efficiently mined.<\/p>\n<p>The Critical Minerals Strategy also backs the Major Projects Facilitation Agency, which provides a single entry point for major project proponents seeking tailored information and facilitation of their regulatory approval requirements.<\/p>\n<p>For Tania Constable, CEO of the Minerals Council of Australia, government funding for innovation, skills and investment promotion is valuable, but she believes more needs be done. \u201cInvestment in the next wave of base metal and critical commodity mines and processing plants is not guaranteed, as Australia faces growing competition to attract international capital. The resources industry needs to convert this potential into lasting economic benefits,\u201d she said in a media statement.<\/p>\n<p>The post <a rel=\"nofollow\" href=\"http:\/\/www.mining.com\/australia-launches-critical-minerals-strategy-2019-focused-innovation-tech\/\">Australia launches Critical Minerals Strategy 2019 focused on innovation and tech<\/a> appeared first on <a rel=\"nofollow\" href=\"http:\/\/www.mining.com\/\">MINING.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The plan puts emphasis on emphasis on agritech, aerospace, defense, renewable energy and telecommunications.<\/p>\n<p>The post <a rel=\"nofollow\" href=\"http:\/\/www.mining.com\/australia-launches-critical-minerals-strategy-2019-focused-innovation-tech\/\">Australia launches Critical Minerals Strategy 2019 focused on innovation and tech<\/a> appeared first on <a rel=\"nofollow\" href=\"http:\/\/www.mining.com\/\">MINING.com<\/a>.<\/p>\n","protected":false},"author":42,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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