Construction wages barrier to developing lithium battery industry

Original article by Jacob Greber
The Australian Financial Review – Page: Online : 24-Jun-21

Australia has the potential to develop the first legitimate mine-to-lithium battery industry outside of China, according to a report prepared for the Future Battery Industries Co-operative Research Centre. Such an industry would have the potential to inject $7.4 billion into the economy by 2030, as well as creating almost 35,000 jobs. The report contends the high cost of construction wages as being one barrier to developing a lithium battery industry, along with a lack of university-educated specialists. Global lithium battery sales are tipped to be worth between $US133 billion ($176 billion) and $US151 billion by 2030.

CORPORATES
CO-OPERATIVE RESEARCH CENTRE FOR FUTURE BATTERY INDUSTRIES

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s