Thursday 5 November, Money & Work

Story one of ten today, about seven minutes for the lot

Copper coil strip and machined metal battery parts in split-panel layout
✓ Reddit AustraliaMoney & Work1 min read

Australia could build battery parts locally instead of exporting raw materials

CSIRO says Australia has the skills, materials and know-how to make key battery parts instead of shipping raw minerals.

Australia exports billions of dollars in minerals for batteries each year. Almost all the value goes overseas.

CSIRO research shows Australia could keep more of that value at home by making battery parts locally. The global lithium-ion battery value chain could grow to more than US$400 billion by 2030.

About 96 per cent of total revenue is expected to happen downstream of mining. CSIRO identifies two practical first steps.

First is making battery cell cans from Australian aluminium. Second is producing copper current collector foil.

Both would use existing Australian expertise in metalworking, refining and packaging. This could create skilled manufacturing jobs and strengthen Australian supply chains.

It would also reduce reliance on overseas production.

US$400 billion
Global battery value chain by 2030
96 per cent
Downstream revenue opportunity
Cell cans and current collector foil
Two components identified

Why it mattersMoving battery production onshore means higher-value jobs in Australia. It also means reduced dependence on overseas manufacturers and greater energy security.

AustraliaIf Australia invests in battery component manufacturing, it could create skilled jobs and position the country as a reliable supplier for global clean energy markets.

Corroborated byinnovationaus.com

✓ Claims checked against the source and corrected before publish. checked 2 h ago

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