Opinion
Reality check for critical minerals, and for Canberra
Australia’s critical minerals ambitions have hit the ground as prices collapse. While nickel and lithium miners head to Canberra seeking help, the Albanese government is trying to figure out what, if anything, it should do.
Jennifer HewettColumnistAndrew Forrest won’t allow the looming collapse of Australia’s nickel hopes to dent his still soaring ambitions for Australia’s green energy revolution as well as his continued attacks on coal and gas as “fossil fuel dinosaurs”.
That’s even though Forrest has announced that his private company, Wyloo Metals, will shortly shut down the West Australian nickel mines it bought for $760 million only last year after global prices have been crippled in recent months by the massive expansion of Indonesia’s nickel industry.
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