Battery Industry Could Boost Australia’s Economy By $5.6 Billion ...Middle East

Australia has a chance to boost its economy by US$5.6 billion (AUS$7.4 billion) and become a leading player in battery chemistry and technology if it expands its raw materials-focused industry into a diversified sector encompassing the entire battery cell value chain, a new report showed on Thursday. If Australia, a major provider of critical energy transition metals, builds on its currently mining-focused industry to include raw materials processing and battery manufacturing, it could nearly double the value of the battery industry for its economy…

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