NSW invests heavily in critical minerals future

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NSW invests heavily in critical minerals future
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Maxime Ouellet, ing.

NSW invests heavily in critical minerals future

PERTH (miningweekly.com) – The New South Wales government has announced a A$130-million Critical Minerals Activation Fund as part of its 2022/23 Budget, to attract mining and processing investment to New South Wales. Deputy Premier and Minister for Regional New South Wales Paul Toole said the fund would help deliver key local projects and secure the state’s supply of valuable critical minerals and hi-tech metals for a rapidly expanding global market. “Our state’s abundance of resource deposits positions New South Wales to be a leader in critical minerals investment, supporting extraction and local processing. These critical minerals are essential for the manufacture of batteries, electric vehicles and other renewable technologies, paving the way to create thousands of regional jobs,” Toole said. “The critical minerals and high-tech metals sector represents the future of mining , with significant flow -on benefits for other industries and regional communities. This new funding sends a […]

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