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Recent Development: Critical Minerals: Developments Globally and in Australia

John Southalan
Barrister (WA Bar Association), Mediator (NMAS), Adjunct Professor (UWA & Murdoch)
john@southalan.net   This note is written in a personal capacity and does not represent the views of any organisation with which the author is associated.
This note examines the legal and policy attention being focused on “critical minerals”, and implications for mineral regulation in Australia and particularly Western Australia. The note was written for a 21 February 2024 seminar held by ER Law at the Perth office of Norton Rose Fulbright.

 

The last year has seen great focus on “critical minerals”. There is broad consensus that, to meet the 2050 energy transition for the Paris Agreement, much more critical minerals are required (and that means mined, given that recycling supply cannot meet expected demand [i]). Many governments have adopted incentives to encourage and support the mining and processing of these minerals. And, just in the last few months, significant price volatility has seen some critical mineral operations in Western Australia close, and increasing consideration of government incentives.

 

Members may access the full text at https://erlaw.org.au/LinkClick.aspx?fileticket=CfF2dLFTS4g%3d&portalid=4

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