IDEAS home Printed from https://ideas.repec.org/h/spr/eclchp/978-981-96-9358-0_13.html

Critical Minerals in Australia—Market Developments, Future Opportunities, and Risks

In: Critical Minerals Supply Chains Security and Resiliency in the ASEAN, Vol. 1

Author

Listed:
  • George Grozev

    (GW Simulation)

  • Ty Christopher

    (University of Wollongong)

Abstract

Australia has some of the world's largest resources of critical minerals, including lithium, cobalt, manganese, and rare earth elements. The federal government has identified over fifty metallic and non-metallic materials as “critical” in Australia. Additionally, five popular materials have been grouped in a “strategic material list”. This chapter reviews recent government policy decisions in Australia aiming to facilitate the mining and processing of critical minerals. The lithium sector is analysed in depth to highlight the challenges and investment opportunities of critical minerals in Australia, based on world-leading mining experience and strong environmental, social, and governance practices. The chapter analyses some risks associated with volatile and low international prices of some critical materials such as lithium, cobalt, and nickel, which already have had a significant impact on some mining businesses in Australia, including the largest mining company BHP. The study also provides an example of a mineral demand model aiming to estimate the amounts of critical minerals required for wind turbines and solar PV panels in several future development scenarios of Australia’s National Electricity Market up to 2050.

Suggested Citation

  • George Grozev & Ty Christopher, 2026. "Critical Minerals in Australia—Market Developments, Future Opportunities, and Risks," Economics, Law, and Institutions in Asia Pacific, in: Han Phoumin & Rabindra Nepal & Farhad Taghizadeh-Hesary (ed.), Critical Minerals Supply Chains Security and Resiliency in the ASEAN, Vol. 1, chapter 0, pages 329-368, Springer.
    • Handle: RePEc:spr:eclchp:978-981-96-9358-0_13
    DOI: 10.1007/978-981-96-9358-0_13
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • Q31 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Demand and Supply; Prices
    • Q38 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Government Policy (includes OPEC Policy)
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • L72 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Other Nonrenewable Resources
    • C44 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Operations Research; Statistical Decision Theory
    • F52 - International Economics - - International Relations, National Security, and International Political Economy - - - National Security; Economic Nationalism

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:eclchp:978-981-96-9358-0_13. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.