Australia to propose green mining standards amid slump in EV metals

Resources minister cites need to protect industry as Asian competition grows

20240130 Australia Minister for Resources Madeleine King

Australia Minister for Resources Madeleine King speaks to Nikkei Asia on Jan. 30 in Tokyo. (Photo by Yuki Kohara) 

RYOHTAROH SATOH, Nikkei staff writer

TOKYO -- Australia will propose setting up international standards for ethical and environmentally friendly mining in an attempt to command higher prices for its minerals amid a sluggish market and competition from countries like Indonesia.

"It's a long-term project, but there's no doubt there's something I'll be raising," Minister for Resources Madeleine King told Nikkei Asia while visiting Tokyo last week. King said she will propose the idea at the PDAC 2024 Convention, a mineral industry trade event, in Canada in March.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.