Driving the energy transition and realising net zero with critical minerals
Investor appetite for lithium, rare earths, copper, cobalt, nickel and other future minerals continues to grow as Australia's, and the world's, energy transition and move to net zero accelerate. Demand resulting from the widespread adoption of technology such as smartphones and electric vehicles, and increased reliance on wind turbines and solar power, means the global race for these scarce critical minerals is set to intensify within a relatively short timeframe.
Australia has the world’s largest supply of four future minerals: nickel, rutile, tantalum and zircon. We’re also in the top five countries for the supply of cobalt, lithium, copper, antimony, niobium and vanadium. According to the Sustainable Minerals Institute, the current value of rare earths produced in Australia is already at $400 million and is expected to rival the value of more traditional deposits that are in the billions of dollars.
The race to secure critical minerals will continue to shape the global economy and international relations. And as the need for critical minerals becomes ever greater, the countries that produce them must balance their economic interests with environmental and ethical considerations, to ensure a sustainable and secure supply chain.
How we can help
To be poised for success, critical minerals producers and investors need clear visibility of future mineral demand drivers and the regulatory frameworks in which they will be operating. We partner with you to mitigate the risk and maximise the opportunities.
Allens has worked with critical minerals producers through the ups and downs of a highly competitive and regulated environment. We understand what an ethical and environmentally responsible producer of critical minerals needs to do to ensure it is meeting ESG commitments and expectations. We also have experience with every aspect of the mining life cycle, including commodity offtake arrangements, financing, tax, project and investment structuring, mergers and acquisitions, procurement and construction, environment, human rights including modern slavery and forced labour and native title and heritage, employment and safety, regulatory approvals, real estate and foreign investment regulation (including FIRB), and have been involved in some of the largest and most significant projects and transactions in the mining industry.
We're here to help a new generation of critical minerals producers, suppliers and investors leverage our experience gained from some of the industry's emerging and established players to support their mining projects and transactions as part of the energy transition and race to net zero emissions.
We're with you at every stage of the mineral production lifecycle