CommoditiesAustralia to spend $372m on resource mapping to stoke energy transition
Government wants to boost critical minerals, but China's dominance a challenge
Prime Minister Anthony Albanese wants "a future made in Australia," but moving the export-reliant economy up the value chain may prove challenging. © AP
SHAUN TURTON, Nikkei staff writer
SYDNEY -- Australia will spend more than $370 million to map mineral deposits as part of efforts to boost sectors important to the green energy transition, Prime Minister Anthony Albanese said on Wednesday, even as the government faces fresh questions about the effectiveness of its industrial policy.