The recent launch of the Western Australian Future Battery Industry Strategy is expected to grow the state into a world-leading exporter of future battery minerals, materials, technologies and expertise.
Increased demand for electric vehicles and energy storage systems has created a unique opportunity for Western Australia to become a central player in the global battery value chain.
Premier Mark McGowan said the unprecedented growth of the future battery industry represents a once-in-a-lifetime opportunity for Western Australia.
“This is an exciting opportunity for Western Australia to be recognised as a world-leading producer and exporter of future battery materials, technologies and expertise, with huge potential for industry growth and job creation across the battery value chain.”
One of the first initiatives of the strategy is the development and implementation of an investment attraction strategy – to further develop and strengthen relationships with investors and manufacturers in global battery and electric vehicle supply chains.
The WA Government will continue to facilitate the establishment of new future battery projects in WA – assisting and supporting projects through the approvals process.
The next steps for the Government include filling current and future skill gaps, and facilitating access to infrastructure and funding for technology SMEs.
Other measures include exploring initiatives to increase the uptake of batteries across the state and globally. These include opportunities through assembly, installation and management of energy storage systems.
Additionally, the WA Government will commit $6 million if it is successful in its bid to host the Future Battery Industries Cooperative Research Centre in Perth.
Western Australia is the world’s largest producer of lithium and a leading producer of other battery metals including nickel, cobalt and rare earths.