Australia's new strategic materials list: unlocking $40bn in government support

<p>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:</p><ul><li> copper, nickel, aluminium, phosphorous, tin, and zinc</li></ul><p>Australia already has a separate, 'critical minerals list', those used in the defence and technology sectors and vulnerable to supply chain disruptions.</p><p>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.</p><p>ps., coming up: <a href="https://www.forexlive.com/centralbank/reserve-bank-of-australia-december-minutes-due-tuesday-q4-inflation-data-the-key-though-20231218/" target="_blank" rel="follow" data-article-link="true">Reserve Bank of Australia December minutes due Tuesday – Q4 inflation data the key though</a></p>

This article was written by Eamonn Sheridan at www.forexlive.com.