A fundamental choice for Critical Minerals development: "Fascism or radical democracy?"

The global demand for critical minerals like lithium and copper is surging, but how we attempt to quickly extract them, argues Katherine Teh , Executive Chairman of Spektrum Development , presents a fundamental choice: embrace authoritarian tactics that disregard communities or pursue transparent, consent-based development. In this pivotal moment, the stakes are high-ranging, from environmental destruction to lost economic potential. Which path should be chosen? Katherine Teh of Spektrum Development addressing the 2024 ACFID Conference WE ARE AT a crossroads in the energy transition. The gap between what the mining industry promises and what it delivers has been widening, creating not only delays but the potential for significant socio-economic and environmental risks. As the demand for critical minerals like copper, graphite, and lithium increases, we’re facing mounting challenges in securing these resources quickly enough to support the transition to renewable energy. The Problem...

Australia still encourages foreign investment

Despite tensions between Australia and China over the charging of Rio Tinto executives for corruption and stealing of state secrets, Australia's Deputy Treasurer, Senator Nick Sherry, Has stated his government still welcomes foreign investment from all countries.

"I, as a minister, and the government, strongly support, in the strongest terms, foreign investment into Australia," he said. "If you do not get foreign investment, you do not get the development of Australian business and resources and you do not get the jobs that flow from it."