The Federal Government has committed $45 million to Sicona Battery Technologies to help expand Australian battery manufacturing, supporting the commercial scale-up of the company’s silicon-based anode technology at Port Kembla in New South Wales.
The funding will enable Sicona to increase production capacity for its silicon-based anodes by up to 300 times, taking the technology from pilot scale towards commercial production. The project is expected to create up to 36 skilled manufacturing jobs in the Illawarra region.
The investment is designed to strengthen Australia’s sovereign manufacturing capability and position in global battery supply chains, while supporting the Federal Government’s Future Made in Australia agenda.
Based in Port Kembla, Sicona’s project will accelerate the production of next-generation battery materials and establish one of Australia’s most significant midstream battery processing capabilities.
Silicon-based anodes are an emerging battery technology that can improve electric vehicle performance by increasing driving range and reducing charging times.
The Government said the project builds on Australia’s strengths in critical minerals and advanced manufacturing, helping the nation capture more value from its mineral resources while supporting more diversified global battery supply chains and reducing reliance on offshore processing.
Minister for Industry and Innovation and Minister for Science Tim Ayres said the investment would support large-scale battery materials production in Australia.
“This investment from the Albanese Labor Government backs large-scale battery material production right here in Australia with real commercial demand and long-term market potential,” Ayres said.
“By backing projects like Sicona, we’re ensuring Australia captures more value from its resources while creating jobs, driving innovation, and strengthening economic resilience.
“This is about making sure Australian discoveries are developed, scaled and manufactured here, delivering long-term value for the next generation.”
Minister for Climate Change and Energy Chris Bowen said Australia was well placed to play a larger role in the global battery supply chain.
“Global demand for batteries is growing rapidly, and this investment helps make sure Australia captures more of the value, rather than simply exporting our resources and buying the finished products back,” Bowen said.
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