7am Amy Remeikis on Australia's critical minerals bargaining chip
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Jul 3, 2025 Amy Remeikis, contributing editor at The New Daily, discusses Australia’s vital role as a supplier of critical minerals for clean technology amidst China's dominance in the market. The conversation highlights the strategic complexities of establishing independent supply chains and how Australia's broken climate promises hinder its influence in the Pacific. Remeikis also sheds light on Australia's efforts to deepen relations with Pacific nations facing climate change challenges, revealing the geopolitical stakes at play.
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Australia's Critical Minerals Potential
- Australia holds 36 out of the 50 critical minerals needed for modern technology.
- The struggle is not just mining but also developing processing capacity to compete with China.
Develop Domestic Minerals Processing
- Australia should establish a critical minerals reserve to keep supply for its own use.
- It must develop domestic processing and clarify funding, ownership, and taxation for the sector.
Managing US Trade Uncertainties
- The US tariff and trade policies under Trump are unpredictable and complicated supply chain negotiations.
- Australia and allies must manage short-term deals while preparing for potential policy shifts.