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Home News Australia

Opinion: Australia gives nickel a quick fix, but surgery of global industry needed: Russell, ET EnergyWorld

NEWSROOM by NEWSROOM
February 19, 2024
in Australia
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LAUNCESTON: Australia is throwing a lifeline to its under pressure nickel mining sector, but the solution on offer is more of a band aid than the needed major surgery, the carving of the global nickel industry into green and dirty.

Resources Minister Madeleine King placed nickel on the critical minerals list, a move that allows the industry to access some of the A$4 billion ($2.7 billion) of federal government funding aimed at promoting minerals vital to energy transition.

“The international nickel price is forecast to stay relatively low…



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