Critical minerals

We are growing our critical minerals sector to make Australia a world-leading producer of raw and processed critical minerals. Find investment opportunities, funding and initiatives.

Australia’s critical mineral opportunity

We need critical minerals to make the critical technologies modern economies rely on. Australia is home to some of the largest recoverable critical minerals deposits on earth. This includes:

  • high-quality cobalt
  • lithium
  • manganese
  • rare earth elements
  • tungsten
  • vanadium.

Our ethically sourced and high-quality critical minerals are helping the world modernise and decarbonise.

Growing Australia’s critical minerals sector

The Australia Government’s Future Made in Australia National Interest Framework identifies the critical minerals sector as a priority industry, critical to Australia’s net zero transformation.

Critical minerals priorities also align with many of Australia’s critical technology priorities. For example:

  • batteries and battery components
  • rare earth permanent magnets
  • catalysts for hydrogen production
  • semiconductors for micro-chips and solar photovoltaics (PV)
  • defence technologies.

Why you should invest in Australia’s critical minerals

We have a solid track record as a reliable critical mineral’s producer and exporter. We are experts in ethical extraction and world-leaders in developing responsible projects to high environmental, social and governance (ESG) credentials.

Major mining companies, junior explorers and financiers can benefit from Australia’s:

  • mature mining industry and deep expertise in resource extraction and processing
  • supportive government, policies, incentives and programs for the resources sector
  • pre-competitive geoscience information in identifying areas of resource potential
  • robust regulatory, construction, environmental and safety standards
  • stable business location with close ties to Asia’s growing markets.

Learn more about our critical minerals potential

Austrade’s Critical Minerals Prospectus showcases investment-ready projects across Australia. Austrade also has toolkits for finding export markets and opportunities for investors and buyers.

Geoscience Australia provides:

Our Resources and Energy Quarterly forecasts the value, volume and price of Australia’s major resources and energy commodity exports.

Safeguarding against foreign interference in the critical minerals sector 

Australia’s critical mineral sector has unique traits that make it a target for foreign interference. 

Read our information toolkit on Safeguarding against foreign interference in the critical minerals sector to help you understand, identify and report suspected acts of foreign interference.

Find Australian Government funding and initiatives

We provide a range of grants, finance and support for critical minerals projects.

From our department

Currently open

Cooperative Research Centres (CRC) Projects grants

CRC Projects grants support short-term collaborative research for up to 3 years.

We help you partner with the research sector to solve industry-identified problems. 

The CRC Program supports the development of technologies, products and services that help reduce Australian industry problems. It aims to increase their:

  • competitiveness
  • productivity
  • sustainability.

Contact CRCProjects@industry.gov.au

Currently open

Cooperative Research Centres (CRC) Grants

Our CRC Grants support medium to long-term collaborative research for up to 10 years.

We help you partner with the research sector to solve industry-identified problems. 

The CRC Program supports the development of technologies, products and services that help reduce Australian industry problems. It aims to increase their:

  • competitiveness
  • productivity
  • sustainability.

Contact crc.program@industry.gov.au

National Reconstruction Fund (NRF)

The National Reconstruction Fund (NRF) will provide finance for projects that diversify and transform Australia’s industry and economy.

Priority areas 

The Australian Government established the National Reconstruction Fund Corporation (NRFC) to support 7 priority areas: 

  • value-add in resources
  • value-add in agriculture, forestry and fisheries 
  • transport
  • medical science
  • renewables and low emission technologies
  • defence capability 
  • enabling capabilities. 

The NRFC will provide finance in the form of debt, equity and guarantees to support Australian projects that drive high-value industry transformation. 

Major Projects Facilitation Agency

The Major Projects Facilitation Agency (MPFA) provides information and help with regulatory approvals for major projects in Australia. The MPFA is the Australian Government entry point for developers of projects over $20 million.

Research and Development Tax Incentive

The Research and Development (R&D) Tax Incentive is the government’s key mechanism to stimulate industry investment in R&D in Australia.

It is jointly administered by Industry Innovation and Science Australia (IISA) and the Australian Taxation Office (ATO). 

From other government agencies

Access the Australian Government’s critical minerals expertise

We provide evidence, expertise and advice to support critical minerals investors and project proponents.

  • Austrade

    Austrade is the government’s lead trade and investment facilitation agency. It supports the critical minerals sector by developing commercial partnerships to connect Australia with trade partners and target markets.
  • Australia Minerals

    Australia Minerals is a collaboration of Australia's federal and state geoscience agencies that provides information and expertise to support mineral explorers realise investment opportunities.
  • Australian Nuclear Science and Technology Organisation (ANSTO)

    The ANSTO Minerals team provides process development services, technical reviews and consulting services to clients in the mining and mineral processing industries.
  • Commonwealth Scientific and Industrial Research Organisation (CSIRO)

    CSIRO is one of the largest minerals research groups in the world. It partners with industry, government and the research sector to deliver breakthrough innovation across the minerals value chain.
  • Foreign Investment Review Board

    The Foreign Investment Review Board provides information on foreign investment approval requirements for investing in Australia.
  • Geoscience Australia

    Geoscience Australia maximises benefits from Australia’s wealth of mineral resources. It provides geoscience data, expertise and analysis, and stimulates mineral exploration and investment.

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