EXPLORATION

NT courts Canadian explorers

NT mining minister Nicole Manison says the territory is underexplored for critical minerals

This article is 2 years old. Images might not display.

The guide outlines the NT's list of 15 critical minerals, as well as geological potential for a further 13 emerging critical minerals.

The 15 critical minerals include aluminium, cobalt, copper, lithium, magnesium, manganese, molybdenum, nickel, phosphate, rare earth elements, titanium, tungsten, vanadium, zinc, and zirconium.

The 13 potentials include antimony, bismuth, gallium, germanium, graphite, helium, high purity alumina, niobium, platinum-group elements, scandium, silicon, tantalum, and tin.

Mineral exploration in the NT is up 30% on 2021 figures, with expenditure also up, from $153.4 million in 2021 to $198.6 million in 2022.

In the December quarter mineral exploration expenditure was $56 million, up 25% on the same quarter in 2021.

NT mining minister Nicole Manison said the territory was underexplored for critical minerals and the demand for those minerals was expected to soar.

"This presents huge economic and strategic opportunities for the NT to become a leading and reliable supplier of minerals to support the global energy transition," she said.

"The $82.7 million spent on exploration for critical minerals such as lithium and rare earths was a record, 74% higher than the record previously set in 2011."

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

editions

Automation and Digitalisation Insights 2025

Discover how mining companies and investors are adopting, deploying and evaluating new technologies.

editions

Mining IQ Exploration Insights 2025

Gain exclusive insights into the world of exploration in a comprehensive review of the top trending technologies, intercepts, discoveries and more.

editions

Future Fleets Insights 2025

Mining IQ Future Fleets Insights 2025 looks at how companies are using alternative energy sources to cut greenhouse gas emmissions

editions

Automation and Digitalisation Insights 2024

Exclusive research for Mining IQ Automation and Digitalisation Insights 2024 shows mining companies are embracing cutting-edge tech