Opinion
Beware of the critical minerals trap
Australia relies too much on the next big thing in commodities and is penalising its huge conventional mining sector.
Patrick GibbonsCorporate adviserWith lithium and nickel operations again being challenged by major price falls, it’s a timely reminder the political and policy focus on critical minerals risks ignoring the commodities that have underpinned Australia’s economic fortunes for more than 150 years.
EV demand is volatile and politicised where about half of all sales went to the 10 per cent most democratic counties. Bloomberg
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Patrick Gibbons is a former Tehran-based diplomat and partner at corporate advisory firm Orizontas.
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