New opportunities on the road to Net Zero

Asia's Tech News Daily

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The road to net zero emissions by 2050 has massive potential for Australia’s mining, industry and manufacturing sectors.

Mining and industry account for around a third of Australia’s total emissions, but increasingly these sectors are part of the solution in Australia’s plan to cut emissions while creating new jobs and opportunities.

Resources production is expected to increase for most of our major export commodities. This is because our nation is rich in metals and minerals needed for renewable energy markets – like lithium, nickel, copper and cobalt.

The Australian Government’s Critical Minerals Strategy and Modern Manufacturing Strategy highlight how Australia can lead the world, not only in supplying minerals like these, but also moving them ‘up’ the value chain so they can be used for energy generation and storage, electric vehicles, communications, aeronautics and defence applications.

PILBARA MINERALS: A LEADER IN LITHIUM

Pilbara Minerals in WA is one example of the powerful role our mining sector can play in reaching net zero.

Australia is the world’s largest producer and exporter of lithium, which is used for electric vehicles and stationary battery storage.

With its 100 per cent Australian-owned Pilgangoora Lithium-Tantalum Project, Pilbara Minerals promises to be a major player in the world’s rapidly growing lithium supply chain.

CEO of Pilbara Minerals Ken Brinsden said they are creating a next-level resource sector.

“Many people don’t connect the dots when it comes to how mining is making a difference to our clean energy goals,” Mr Brinsden said.

“At its simplest, we are proudly supplying the resources for the clean technologies that will play a vital role in increasing the use of renewables in our future energy mix.”

CLEAN ENERGY FOR MODERN MANUFACTURING

As the resources sector embraces lower emissions opportunities, Australia’s manufacturers have a pivotal role to play – both in lowering their own emissions and in producing the materials supporting clean energy industries and infrastructure.

Australia is prioritising production of ‘green’ steel, aluminium and cement which will establish new opportunities for manufacturing in a new global economy, while supporting jobs in our regions.

TECHNOLOGY HOLDS THE KEY

Australia has already made significant progress on the road to net zero. We are a world leader in renewable energy deployment, with installed solar PV capacity per person higher than anywhere else in the world. Renewables are projected to provide 61 per cent of Australia’s total electricity generation by 2030.

But there’s much more to be done.

PRIORITY TECHNOLOGIES

Low emission material production is one of six priority technologies in Australia’s Long-Term Plan for a low emissions future. The others are:

Clean hydrogen: a future low emissions fuel for homes, vehicles, and industry.

Ultra low-cost solar: to drive down the cost of solar power to less than $15 per megawatt hour.

Energy storage: storing large amounts of electricity in batteries so it can be used when and where it is needed.

Carbon Capture and Storage (CCS): a proven, safe technology that can permanently store emissions from heavy industries and contribute to making clean hydrogen from fossil fuels.

Affordable soil carbon measurement: more farmers are storing carbon in healthier, more productive soil.

WANT TO KNOW MORE?

Australia’s natural resources and ingenuity are shaping a prosperous, low emissions future and there’s more to come. Learn more about how Australia is making positive energy by visiting the website.

ShapeThis content has been produced and supplied by the Australian Government as Advertiser Content. The West Australian’s editorial team were not involved in the creation of the content.

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