Resources Victoria reckons the state's significant critical mineral deposits could underpin the renewable energy transition and help make it a leader in the renewable energy supply chain.
The state is taking that message to the Prospectors & Developers Association of Canada's conference in Toronto from March 3-6.
Resources Victoria chief executive officer Matt Vincent said magnets in wind turbines, solar cells, rechargeable batteries and copper wires ware just some of the ways minerals and the metals they made were crucial to renewable energy generation.
He said Victoria had substantial mineral sand deposits containing titanium, zirconium and other rare earth elements with other opportunities across the state for copper, antimony, high purity alumina and silica deposits.
YOU MIGHT ALSO LIKE
"Businesses based in Victoria, large and small, are already helping deliver a range of vital resources we need today and can now help deliver the materials we all need for tomorrow," Vincent said.
"We are continuing to deliver the reforms needed to ensure the sustainable and responsible growth of our minerals industry, that can bring us wealth and vital benefits, while being held to a more transparent and consultative approach so local communities are engaged throughout the life of projects."
Vincent said Victoria's gold exploration and mining renaissance in recent years had set the scene for an expansion of critical minerals development.
"The state is home to a thriving resources sector with the know-how to make the most of the opportunity to supply the materials needed to achieve Victoria's climate change goals," he said.
The Victorian government recently expanded the scope of the Resources Victoria approvals coordination unit, to unlock the potential of critical minerals projects across the state.
The unit will help provide clear and certain pathways for development and case manage key critical minerals exploration and development projects.
