
Queensland Government to invest $245m to boost critical mineral sector
The Queensland Government will invest $245m into the state’s critical minerals sector to boost critical minerals production and reduce net-zero emissions. At the World Mining Congress in Brisbane, Queensland Premier Annastacia Palaszczuk unveiled the Queensland Critical Minerals Strategy. Under the strategy, $55m will be allocated to reduce rent for new and existing exploration permits for minerals over the next five years and $1m will be used to foster research and environmental, social and governance (ESG) excellence. Initially, critical mineral zones will be established at Julia Creek/Richmond and around Mount Isa with $75m to be used to support investment and renew focus in advancing critical minerals projects. $5m will be invested to target mining waste and tailings for critical metals…









