The NSW Government has released the Critical Minerals and High-Tech Metals Strategy. The Strategy outlines the NSW Government’s vision to build on our existing potential and position NSW as a major global supplier and processor of critical minerals and high-tech metals well into the future.
Forecast demand growth for critical minerals presents an important economic opportunity for NSW.
The state has known endowments of 17 of the 24 minerals identified in the Australian Critical Minerals Prospectus 2020, with a number of advanced projects and emerging opportunities for scandium, cobalt, zinc, antimony, heavy mineral sands (titanium-zirconium-rare earth elements), magmatic zirconium, platinum group elements and tungsten.
Critical minerals in NSW.
The NSW Government released the High-tech Metals Map, showing areas in NSW that produce, or have the potential to produce, high-tech metals including copper, gold, rare earth elements (REEs), platinum group elements (PGEs), cobalt, lithium, titanium and zirconium.
The map explains the sources and uses of high-tech metals, contains important project summaries, and provides charts of current world production and reserves.