Critical Mineral Strategy 2023

Australia has a wealth of renewable resources and is uniquely positioned to become a significant international player in critical minerals and green exports. In our 2021 Export Powerhouse report we identified a $333 billion green export opportunity for clean commodities and manufactured goods by 2050.

Central to achieving this is:

• a rapid roll out of renewable energy generation, supported by a National Supergrid: connecting Australians to a zero-emissions future (forthcoming report release); and
• a sharp focus on repowering and decarbonising our manufacturing sector using Renewable Energy Industrial Precincts (REIPs) as a core model.

We have an opportunity to prepare Australia's economy and community to take a leading role in the global zero-emission future. To achieve this we must build the foundations required to deliver the dual objectives of economic prosperity and emission reduction. Australia’s paired competitive advantage in critical minerals and renewable energy are key elements to securing this future.