Cleaner industries could be forced to dig deeper when it comes to reducing emissions to allow a bigger share of the carbon budget for coal and gas.
Australian raw mineral exports are powering the global energy transition with lithium production at a record high, according to a report issued on Monday, as the sector looks to start onshore refining.
Australia’s Identified Mineral Resources report also confirms the nation’s status as the world leader in the production of five important commodities—bauxite, iron ore, lithium, rutile and zircon.
Meanwhile, new industries in the lithium battery supply chain as well as green steel, aluminium, green hydrogen and fertilisers, could suffer under federal Labor’s proposed emissions safeguard mechanism, modelling by research house Reputex has found….