The minerals driving decarbonisation were the big winners out of a second consecutive quarter of record cash inflows to Australia’s thriving exploration sector.

BDO analysis of the $2.37 billion pumped into pre-revenue explorers in the first three months of this year revealed a big swing towards lithium, uranium and rare earths, as exploration veteran Will Robinson said the sector was starting to show an improved success rate, thanks to new technology and strong scientific support from governments.