RBA uncertain on Australia’s critical minerals future
RBA uncertain on Australia’s critical minerals future The Reserve Bank of Australia (RBA) has outlined an uncertain outlook for Australia’s critical minerals industry that depends on policy environments and investment levels amidst the global energy transition. The RBA research paper, The global energy transition and critical minerals, reports the magnitude of both long-term global demand projections and Australian production remains subject to considerable uncertainty with global price declines halting production and delaying investment plans such that growth is likely to remain subdued. However, the report found that critical minerals production in...
