Albanese government announces $1.2 billion plan to purchase critical minerals

Albanese government announces $1.2 billion plan to purchase critical minerals

A re-elected Albanese government will take the unprecedented step of buying or obtaining options over key critical minerals to protect Australia’s national interest.

Labor plans to spend 1.2 billion on critical minerals.

Prime Minister Anthony Albanese and WA Premier Roger Cook visit Collie Battery Energy Storage System at the Collie Power Station in the electorate of O’Connor. Lukas Coch/AAP By Michelle Grattan in Canberra A re-elected Albanese government will take the unprecedented step of buying or obtaining options over key critical minerals to protect Australia’s national interest and boost its economic resilience. The move follows US President Donald Trum…

Albo’s $1.2bn pledge amid tariff threat

The Albanese government will invest $1.2bn into Australia’s critical minerals supply, which will likely play a major role in negotiating a tariff carveout from the Trump administration.

Albo’s $1.2bn pledge amid Trump’s tariff threat

The Albanese government will invest $1.2bn into Australia’s critical minerals supply, which will likely play a major role in negotiating a tariff carveout from the Trump administration.

Labor to tip $1.2bn into critical minerals reserve

Australia will begin stockpiling critical minerals like lithium, cobalt and silicon from 2026 to insulate against geopolitical shocks and build up a fledgling processing industry if Labor is re-elected. Prime Minister Anthony Albanese announced Thursday that an initial $1.2 billion taxpayer investment would launch a multi-generational national reserve of critical minerals and rare earths, which will purchase, own and sell to domestic industry an…

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