Australia and Europe must work together to break China’s dominance over the critical minerals needed for renewables, says the European Union’s energy commissioner.
“We can only accelerate renewable deployment if we will diversify supply routes for critical minerals,” Simson said.“It is no secret that we are both concerned about the monopolistic position of some actors in the critical minerals market.” Australia has some of the world’s biggest known reserves of critical minerals but does not have the capability to process them. It is one of the largest lithium producers and ranks among the top producers of nickel, cobalt, manganese ore and rare earths, but nearly all of it is shipped to Asia for processing before being made into products.
Australian miners would need to secure billions of dollars to open more critical minerals mines and establish processing facilities to compete with China.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
Energy challenge: why Australia needs a new energy partnership with JapanA spat over gas supplies and the huge potential for future fuels means it’s time for a binational body to talk over energy issues.
Fonte: FinancialReview - 🏆 2. / 90 Leggi di più »
Clean Energy Council: Investment in renewable energy slumps 80pc as 2030 climate target fadesThe peak body for the renewables industry said the low level of commitments to new projects last year was due to grid bottlenecks and slow planning approvals.
Fonte: FinancialReview - 🏆 2. / 90 Leggi di più »
Energy stocks GNX: The ASX is not the place for pure energy transition betsThe ASX just hasn’t cracked it as a destination for the next wave of green electricity generators. Genex Power is the latest to be worth more in private hands.
Fonte: FinancialReview - 🏆 2. / 90 Leggi di più »
Gas policy: Australia dropped ball on energy security: ExxonForecast gas shortfalls in the southern states cannot be blamed on Queensland’s LNG exports, one of the east coast’s biggest gas suppliers says.
Fonte: FinancialReview - 🏆 2. / 90 Leggi di più »
Australia's National Party Uses Nuclear Energy as a DistractionThe National Party in Australia is using nuclear energy as a distraction from their lack of serious emissions reduction policies. Voters are skeptical and want real policy action instead of empty promises.
Fonte: smh - 🏆 6. / 80 Leggi di più »
Australia's Green Energy Target Faces Challenges Despite Federal Underwriting SchemeNew modelling warns that Australia's plan to increase the share of clean energy in the electricity grid to 82% by 2030 may face challenges due to the limited time to build additional renewable generation and storage projects, as well as new transmission lines. The federal underwriting scheme aims to finance more green energy projects, but states and the private sector will still have a crucial role to play.
Fonte: smh - 🏆 6. / 80 Leggi di più »