US, Australia consider tapping public finance vehicles for critical mineral projects

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US, Australia consider tapping public finance vehicles for critical mineral projects
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Australian prime minister Anthony Albanese along with resource minister Madeleine King outside the White House this week. Source: Madeleine King’s official Twitter page

The ex-im bank and other public investment vehicles in the US and Australia can be a means “to de-risk some of these projects and then crowd in the private investment that we really want to take hold,” Madeleine King said Wednesday in a roundtable with For instance, King said, Australia’s “great natural endowment” of lithium and other critical minerals is an opportunity to supply the US as it boosts clean energy manufacturing with expanded federal support from last year’s sweeping climate law. And in Australia, minerals processing to refine those materials is another rich source of potential jobs.

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