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23 March 2022 Statement

The $50 million Centre, hosted by CSIRO, will aim to strengthen Australia’s critical minerals capability and resource pipeline to bring a national perspective to critical minerals research and development.

It forms part of an updated Critical Minerals Strategy to build a competitive critical minerals sector in Australia.

High value exports from critical energy metals can provide an important source of economic growth for Australia and help to power a global transition towards zero emissions.

CSIRO’s recently released Critical Energy Minerals Roadmap estimates the metal value of the energy transition’s top technologies to reach more than AUD$5 trillion dollars globally by 2050 – with over half of that being for critical minerals.

As the largest minerals research and development organisation in Australia and one of the largest in the world, CSIRO is ideally placed to seize the opportunities presented to Australia by the global energy transition and respond to critical mineral demand.

More in CSIRO's Critical Energy Minerals Roadmap here.

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