Australian critical minerals manufacturing<\/h3>\n

Prime Minister Scott Morrison said the projects were key to securing manufacturing in Australia and the thousands of jobs that come with those industries. \u201cProjects like these make for a stronger economy and a stronger future for Australia,\u201d the Prime Minister explained.<\/p>\n

\u201cThese projects are about manufacturing the products and materials Australians need and the world needs, by making them right here at home.<\/p>\n

\u201cWe are helping grow the local critical minerals processing and clean energy industries and locking in the future of those industries by backing manufacturing projects in Australia.<\/p>\n

\u201cThe $1.3 billion Modern Manufacturing Initiative is a key part of my Government\u2019s plan for a stronger economy and a stronger future for our country.\u201d<\/p>\n

Capturing the global supply chain<\/h3>\n

Minister for Industry, Energy and Emissions Reduction, Angus Taylor, said these projects would help us capture even more parts of the global supply chain, while at the same time helping us power our lives here at home.<\/p>\n

\u201cThe things we use every day like our smartphones, computers, and rechargeable batteries need to be made with critical minerals. They are also needed to make solar panels, electric cars, defence technology and many other high-tech applications,\u201d Minister Taylor concluded.<\/p>\n

\u201cAustralia is lucky to have some of the largest reserves of the critical minerals and metals which drive the modern global economy. But China currently dominates around 70% to 80% of global critical minerals production and continues to consolidate its hold over these supply chains. This initiative is designed to address that dominance.<\/p>\n

\u201cThese projects are not only game-changers for the local region with the creation of new jobs, they will also open up incredible export opportunities.\u201d<\/p>\n

Australia is a global leader in resources technology and can build greater capacity in critical minerals processing by leveraging our vast natural resources, huge investments in R&D and proximity to the growing global market.<\/p>\n

Under our Modern Manufacturing Strategy, Australia\u2019s regional manufacturers are playing an important role in seizing this opportunity.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Australian government, under the reign of Prime Minister Scott Morrison, has delegated $1.3bn in funding for the critical minerals manufacturing sector, under the Modern Manufacturing Initiative. Australia\u2019s critical minerals manufacturing sector and the job-creating industries that rely on it are being supercharged under the Morrison Government\u2019s $1.3bn Modern Manufacturing Initiative. The Government has today […]<\/p>\n","protected":false},"author":19,"featured_media":19485,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[24204],"tags":[24203,24335,582],"acf":[],"yoast_head":"\n