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Australia passes hydrogen, critical minerals bill amid industry setbacks

Summary by Nikkei

CANBERRA -- Australia's ruling Labor Party has passed a centerpiece of its industrial policy through Parliament, paving the way for subsidies for crit

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Nikkei

Australia passes hydrogen, critical minerals bill amid industry setbacks

CANBERRA -- Australia's ruling Labor Party has passed a centerpiece of its industrial policy through Parliament, paving the way for subsidies for crit

12 days ago·Japan

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Corporate Compliance Insights

Why Critical Minerals Demand a Compliance Revolution

Critical minerals power everything from electric vehicles to renewable energy storage, making secure access agreements vital to national interests. Compliance specialist Rebeca Vergara Gaona examines how preventive oversight measures can transform these crucial memorandums of understanding from basic commitments into strategic tools for the energy transition. Over the past 25 years, critical minerals have gained ground in global agendas and in s…

12 days ago

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Carbon Pulse

Australia passes hydrogen, mineral tax credit scheme « Carbon Pulse

Australia has passed legislation to provide production tax credits for hydrogen and critical minerals processing in the hopes of kickstarting clean energy industries that have struggled to take wing.

12 days ago

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Renew Economy

Future Made in Australia bill passes Senate to provide tax credits to green hydrogen and minerals, and boost regions

Billions of dollars of investment are set to flow into regional areas after tax incentives for mining and manufacturing companies passed the Senate.

12 days ago

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Republic of Mining

Quebec junior miners pocket more than $43 million in federal critical minerals funding – by Ian Ross (Northern Ontario Business – February 7, 2025)

https://www.northernontariobusiness.com/ James Bay explorers cash in to carry out studies on road, power and innovation projects Ottawa wants Canada to be the lead dog when it comes to developing and expanding its critical minerals value chain. That’s why the federal government is ponying up $43.5 million to advance road, power and research projects in Quebec. ...

13 days ago

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swmdigital.io

Tax breaks for critical minerals companies pass Parliament

Critical minerals companies that set up downstream processing and refining will get a tax break from mid-2027 after the Government won agreement from the Greens to pass the Budget centrepiece.

13 days ago

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