ATSE welcomes critical minerals deal
Australia’s leading tech and engineering Academy has welcomed a formal agreement on critical minerals between Australia and the US.
Australia’s leading tech and engineering Academy has welcomed a formal agreement on critical minerals between Australia and the US.
"Critical minerals are the foundation of the technologies that will be Australia’s runway to achieving net zero emissions," said Australian Academy of Technological Sciences & Engineering (ATSE) CEO Kylie Walker.
"Australia’s large critical mineral reserves, technical expertise, and track record as a reliable and responsible supplier make us well placed to capitalise on the growing global demand.
"As a country with strong technological capabilities in refining critical minerals in an environmentally and socially sustainable way, we are well placed to create responsible critical minerals global supply chains.
"This agreement provides the opportunity to grow a thriving critical minerals and rare earth processing capability, lifting more Australian resources up the value chain and positioning Australia as a stronger player in this crucial global market.
"Australia can build on our comparative advantages, and a thriving and sophisticated mineral resources industry can play a crucial role in supporting a raft of new technologies including low-emissions and renewables, advanced computing, and tech to support national security."
ATSE’s 2023 position statement highlights three evidence-based positions on how the minerals and mining industry can do this, including investing in R&D, using the Sustainable Development Goals as a framework, and fostering collaborative partnerships and cooperation.
"We’re heartened to see an agreement that’s aligned with the expert advice of our Fellows. ATSE looks forward to continuing to work with the Australian Government to support a thriving modern critical minerals sector."
