Queensland critical minerals on show to the world

• The Miles Government continues to invest into  the state’s growing critical minerals industry with the launch of the Queensland Critical Minerals Prospectus
• This state first is paired with  a new online hub to attract investors seeking to take part in Queensland’s new industrial revolution.
• It is backed by the Queensland Government’s $315 million Queensland Critical Minerals Strategy.

Queensland’s burgeoning critical minerals industry is on display to the world with the launch of two new initiatives today.

The Queensland Critical Minerals Prospectus showcases projects ready for investment at different mining stages.

This information is complemented by details of Queensland’s critical mineral sector, including known endowments, and the actions the Miles Government is taking to accelerate the development of this sector.

The prospectus is backed by the Critical Minerals Investor Hub, a new online tool connecting potential investors with government agencies as well as proponents of projects already in development.

Profiling and promoting Queensland is a key action from the $315 million Queensland Critical Minerals Strategy.

Queensland is rich in the critical mineral resources needed to make the technologies required to make the shift towards a greener low-emission economy.

Quotes attributable to the Resources and Critical Minerals Minister Scott Stewart:

“Queensland is in the box seat to capitalise on the global push to decarbonise because quite simply, we’ve won the geological lottery,” he said.

“Our message is simple: there’s no better place to invest in critical minerals than in Queensland.

“We have the critical minerals below the ground and our ambition is to go beyond just mining these resources but to also process them and manufacture the renewable energy technologies like wind turbines, solar panels and storage batteries right here in Queensland.

“We are already working with proponents to make this industry a reality but the prospectus we’ve launched is about building on that momentum.

“That’s why we’ve also launched the Critical Minerals Investor Hub, a one-stop portal for those wanting to make Queensland a part of their investment portfolio.

“Through the portal, investors can get in touch with key stakeholders across the government and proponents with critical minerals projects in different stages of development.

“There’s never been a better time to be a part of the next chapter in Queensland’s resources chapter.”

Quotes attributable to Richmond Vanadium Technology Managing Director Jon Price:

“With the vast resources across Queensland and the opportunity for the Australian resource sector to be at the forefront of the global energy transition, the Queensland Government should be commended for developing the $315 million Queensland Critical Minerals Strategy and providing key infrastructure to progress the critical minerals industry,” he said.

“The launch of the Queensland Critical Minerals prospectus will increase global exposure and interest of Queensland projects and lead to important introductions to key investment stakeholders.

“Richmond Vanadium Technology looks forward to showcasing our Richmond Julia Creek Project in North Queensland, one of the world’s largest vanadium oxide deposits, via the Critical Minerals Investor Hub, a great initiative in supporting the development of the Queensland critical minerals industry.”

Additional Information

The Queensland Critical Minerals Prospectus can be found here

The Queensland Critical Minerals Strategy can be found here.

The Critical Minerals Investor Hub is now online.