Australia Likely to Miss Critical Minerals Goals Without Greater Government Support, Inquiry Told
Alpha HPA, Grenof and the Gladstone Engineering Alliance told a parliamentary inquiry that funding is being delivered too slowly to keep pace with the industry.
TL;DR
- Companies processing critical minerals into advanced materials warn of potential failure to meet Australian goals.
- Greater government support is needed for critical minerals projects.
- The House Standing Committee on Primary Industries is investigating social licence and economic development in the sector.
- Alpha HPA's Gladstone plant refines alumina hydrate into high-purity alumina for semiconductors and batteries.
- The value of processed material can increase dramatically, from US$400 to over US$30,000 per tonne.