Australia has a new 'strategic materials list', those deemed essential to transitioning to 'green' energy that have not yet been subject to supply chain disruption. For example:
- copper, nickel, aluminium, phosphorous, tin, and zinc
Australia already has a separate, 'critical minerals list', those used in the defence and technology sectors and vulnerable to supply chain disruptions.
Strategic materials will be able to access $40 bn in government support from agencies including Export Finance Australia. , The Northern Australia Infrastructure Facility, The Clean Energy Finance Corporation, The Value Adding in Resources Stream as well as the National Reconstruction Fund.
ps., coming up: Reserve Bank of Australia December minutes due Tuesday - Q4 inflation data the key though
