Don Farrell (SA, Australian Labor Party, Minister for Trade and Tourism) Share this | Hansard source

I thank Senator Ghosh for his second supplementary question. Our government wants Australia to seize the economic opportunities of the transition to a renewable, cleaner economy. The critical minerals which will come from this project are essential for the technologies that will power our net zero future, from batteries to electric cars and wind turbines. That is why we have supported the Arafura Rare Earths project—to kickstart this industry and put us in pole position to reap the benefits of a transition to renewable energy. The race is on to secure global investment for projects to provide trusted, reliable supply of these minerals through diversified supply chains. Our government is committed to help the sector attract this investment so that we can become a renewable energy superpower.