Federal Government backs green metals
Federal Government backs green metals The Federal Government has announced a $750m investment to drive the development of new technologies that will keep Australia’s metals manufacturing sector competitive on the global stage. Australia is already a leading exporter of high-quality alumina, aluminium, iron and steel, with metals exports contributing over $150bpa. This funding aims to add further value to the industry by supporting the adoption of low-emissions technologies and advanced manufacturing processes. The investment is part of the broader $1.7b Future Made in Australia Innovation Fund, unveiled in the 2024-25 Budget. It is designed to accelerate technological breakthroughs, fund pilot and demonstration projects and support innovations that can reduce emissions and modernise manufacturing infrastructure. A primary objective of the...