The State Government, through the Minerals Research Institute of Western Australia (MRIWA), has been accepted into one of the International Energy Agency’s Hybrid & Electric Vehicle Technology Collaboration programmes.
Critical Raw Materials for Electric Vehicles (CRM4EV) aims at providing information on raw materials which are considered critical for the ramp up of electric vehicle sales and to identify supply chain issues.
Critical raw materials include lithium, cobalt, graphite and rare earth elements.
It has been reported that by 2030, 20 per cent of new car sales in Australia will be electric.
Other CRM4EV participants include Germany, the Republic of Korea, Sweden, the United Kingdom and the United States of America.
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As stated by Mines and Petroleum Minister Bill Johnston:
“The rise of electric vehicles and battery storage systems is resulting in these products becoming more affordable for people around the world.
“Collaborating with other countries and their policy makers is important as it shows how Western Australia can assist any potential supply chain issues for raw materials needed to make electric vehicles.
“It’s great that MRIWA has joined this program as it closely aligns with the McGowan Government’s Future Battery Industry Strategy.
“Western Australia has all the minerals you need to make batteries and energy technologies, so joining CRM4EV will assist in creating greater opportunities and promoting our State’s capabilities throughout the European Union.”