Australia's traditional commodities such as coal and ironore had a place in a NetZero future, Minister Madeleine King said CriticalMinerals MineralsWeek mining resources ParisAgreement lithium copper nickel graphite
said that there was still scope for Australia to provide traditional commodities such as iron-ore and coal to meet global demand, but that the country should also capitalise on the net-zero drive.
“To play our part in the global energy transition and seize the economic opportunity therein, Australia must make the most sweeping set of changes to our energy grid the country has ever seen.“This is no small task. It is a massive challenge, and a massive opportunity, but we, and you, are up to it,” she said.
“We know that as the world decarbonises, we want the Australian resources sector to remain competitive,” the Minister said. “Our challenge is to scale up supply of the minerals the world needs to make these technologies, and that’s where the world-leading experience and expertise of Australia’s resource sector will play a leading role.“We are endowed with an abundance of critical minerals. We produce around half the world’s lithium, are the second-largest producer of cobalt and the fourth-largest producer of rare earths,” King said.
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