Australia is actively developing green energy minerals, inviting Japan and South Korea to cooperate and support
Australia is vigorously developing environmentally friendly mineral resources, and Japan and South Korea will give us great help."
Australia's energy minister, Madeleine King, will travel to Asia earlier this week before she travels to South Korea and Japan to discuss oil exports and critical minerals. The purpose of the visit was to promote mining projects of great importance in the development of green energy by allies in order to avoid the danger of breaking the ** chain.
According to foreign media reports, Australia, which has a lot of natural resources, wants to get some mining projects from its Asian allies, which are used to develop environmentally friendly energy. In an effort to secure more funding, Australia** has published a "public offering" that includes 52 major mineral projects that can be funded.
During his trip to Asia, Kim will hold talks with Japanese Minister of Commerce Takeru Saito and South Korea's Minister of Economy, Trade and Energy Ahn Deuk-geun to discuss the way forward for oil and gas and critical mineral products. Kim will also meet with his gas partner and Australia, which is currently working on a future gas policy. Both China and the United States are major buyers for the country's largest exporters.
"Australia's major mineral resources are key to the world's energy transition, but to transition to a low-carbon economy, we have to bring in the capital, mine it, process it at home, and then produce batteries, wind turbines, and solar cells," said Foreign Minister King.
"Australia has the potential to be a trusted long-term provider of minerals and rare earths to Japan," Kim said in Tokyo. Just as Japan has supported Australia's iron ore and LNG industries, Japan will also help Australia develop important mineral and rare earth resources.
She believes that the joint efforts of Australia, Japan and South Korea can better leverage their own advantages to promote the development of environmentally friendly energy, thereby promoting the world's energy transition.
The investment comes amid a global downturn in the market for raw materials such as lithium and nickel used in the production of electric vehicles. Because there were fewer electric vehicles than expected, both of these raw materials took a hit. The price of nickel imported from Indonesia has also reduced the price of nickel to some extent.
It is worth mentioning that Mr. Kim held several meetings with mining giants last week and announced a number of plans for the closure and dismissal of employees in the Australian state of Western Australia. She also expressed her support for the mining industry and put higher demands on the Australian mining industry because the ore they produce abroad is cheaper, of worse quality and has worse environmental standards.