WA continues its growth in future battery industries

Today’s announcement of $25 million in Federal funding towards the Future Battery Industries Cooperative Research Centre (CRC) will help grow Western Australia into a leading exporter of future battery minerals, materials, technologies and expertise.

The Chamber of Minerals and Energy (CME) is pleased to be a partner of the Future Battery Industries CRC, which is a six-year, industry-led, research and development program to expand Australia’s competitive advantages, promote research-informed policy options and help build the necessary skills for emerging battery industries.

CME Chief Executive Officer Paul Everingham said the centre, which will be headquartered in WA, will have the potential to create jobs and fill current and future skill gaps.

“Understanding the true nature of WA’s competitive advantage in this rapidly evolving industry is crucial to creating sustainable value for WA from this opportunity,” he said.

“Building on WA’s strength in producing high-quality battery minerals, our position on the global cost curve, installed production infrastructure and established trade relationships is what will ensure continued investment attraction, job creation and drive prosperity.

“It’s vital industry and government work together to capitalise on the burgeoning global battery value chain to ensure WA is optimally positioned to harvest maximum value from our competitive advantages.”

The CRC will research areas including value chain development, sourcing of materials and the wider deployment of batteries in homes, infrastructure and society. Research on precursor and composite materials will be led out of WA, close to mine sites for battery minerals.