Australia passes hydrogen, critical minerals bill amid industry setbacks

Resource minister says country can realize a premium for its products

20250511 lithium australia

Australia has passed support for lithium producers at a time when depressed prices are making it even more difficult to compete with China. © Reuters

SHAUN TURTON

CANBERRA -- Australia's ruling Labor Party has passed a centerpiece of its industrial policy through Parliament, paving the way for subsidies for critical minerals processors and hydrogen producers.

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