Critical minerals, Funding, Government announcements, News

WA gives critical minerals funding boost


The Western Australian Government will deliver a $134 million funding boost to support projects aimed at reducing greenhouse gas emissions.

The funding will be split into two parts, with $74 million allocated toward initiatives to reduce emissions and $60 million allocated to the new Investment Attraction Fund which will drive job creation in new energy industries.

The Investment Attraction Fund will fund projects in battery and critical minerals processing, renewable hydrogen, advanced manufacturing in wind and solar, and carbon capture and storage projects.

“WA has the potential to become a global renewable energy powerhouse – not only meeting our own net-zero targets, but helping our neighbours to transition away from coal to cleaner energy sources,” WA Premier Roger Cook said.

“We’re backing local industry to take advantage of the incredible opportunities in the energy transition – from battery assembly and manufacturing to hydrogen production and critical minerals processing.

“That means more local jobs, a stronger local economy, and cleaner, reliable and affordable energy for the future.”

The WA Government is also doubling down on its efforts to support electric vehicle (EV) uptake, investing $2.2 million to install 70 dual-bay EV chargers at METRONET stations.

It has also lifted the EV target for the WA Government car fleet to 50 per cent.

“This is a truly a cross-government venture of several departments collaborating on the most efficient transition towards the state government’s commitment to net-zero by 2050,” WA Energy Minister Bill Johnston said.

“Diversifying the economy to deliver a cleaner, affordable and reliable energy future are key priorities which present challenges – but also enormous opportunities to position WA as a global green energy superpower.”

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