Australia’s Lithium powering the global energy transition
7 March 2023
Australian minerals are powering the global energy transition, with lithium production at a record high, according to the Australia’s Identified Mineral Resources (AIMR) report.
Minister for Resources and Northern Australia Madeleine King said the national stocktake of known mineral resources released by Geoscience Australia identifies important trends in reserves, resources and mine production, and indicates potential resource life and future supply capability.
“As the world’s largest producer of lithium, a key component in batteries for electric vehicles, our minerals sector has an enormous role to play in the success of the energy transition over the coming decades,” Minister King said.
“Demand for battery minerals is surging with the uptake of electric vehicles and our lithium sector is going from strength to strength.