As Australia gears up for a federal election by May, the political battle over battery metals is intensifying. Labor Prime Minister Anthony Albanese plans to focus on his 'Future Made in Australia' agenda, which includes tax incentives to boost the country's lagging battery supply chain. Meanwhile, the opposition Liberal-National Coalition (LNP) has criticized these plans. The Association of Mining and Exploration Companies (AMEC) is also calling for increased government funding for junior mineral exploration, arguing that it would stimulate the economy and generate revenue.
The so-called ‘super year' of elections may have drawn to a close, but serious campaigning in Australia has only just begun for the federal election due by May. Labor Prime Minister Anthony Albanese is gearing up to use the first full week of the new year touring regional areas of the mining powerhouse states of Queensland and Western Australia .
is calling for the JMEI to be extended for at least another four years and, at a minimum, increase funding to $200 million of allocations. The group's chief executive, Warren Pearce, said on January 6 that the incentive is a "significant stimulus for the exploration sector and a substantial contributor to Australia's economy and government revenue".
Politics Australia Election Battery Metals Mining
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