Australia's federal government has launched a strategy seeking investment to unlock Australia’s potential in lithium-ion battery manufacturing, noting that the nation’s mineral reserves cover 90% of the elements required in Li-ion battery chemistry. The Australian Government is looking for companies and investors who can help it develop new technologies such as lithium batteries with high energy density and low cost. Lithium-Ion Battery Value Chain: New Economy Opportunities for Australia strategy sets out how the world's biggest supplier of lithium with 44% global market share can increase the value of the ore it produces.
Australia's federal government has launched a strategy seeking investment to unlock Australia’s potential in lithium-ion battery manufacturing, noting that the nation’s mineral reserves cover 90% of the elements required in Li-ion battery chemistry. Austrade’s Lithium-Ion Battery Value Chain: New Economy Opportunities for Australia strategy sets out how the world's biggest supplier of lithium with 44% global market share can increase the value of the ore it produces.