Business
24 July, 2024
We want you: state government's pitch to overseas investors
The Queensland government has unveiled two initiatives aimed at attracting foreign investment.
The North West’s burgeoning critical minerals industry is on display to the world following the launch of two new initiatives.
The state government has released a new prospectus that showcases projects that are ready for investment, which is backed by an online investor hub that connects potential investors with proponents of projects and relevant government agencies.
The prospectus is backed by the Critical Minerals Investor Hub, a new online tool connecting potential investors with government agencies as well as proponents of projects already in development.
“Queensland is in the box seat to capitalise on the global push to decarbonise because quite simply, we’ve won the geological lottery,” said Resources and Critical Minerals Minister Scott Stewart.
“Our message is simple: there’s no better place to invest in critical minerals than in Queensland.
“We have the critical minerals below the ground and our ambition is to go beyond just mining these resources but to also process them and manufacture the renewable energy technologies like wind turbines, solar panels and storage batteries right here in Queensland.
“We are already working with proponents to make this industry a reality but the prospectus we’ve launched is about building on that momentum.
“That’s why we’ve also launched the Critical Minerals Investor Hub, a one-stop portal for those wanting to make Queensland a part of their investment portfolio.
“Through the portal, investors can get in touch with key stakeholders across the government and proponents with critical minerals projects in different stages.”
Richmond Vanadium Technology managing director Jon Price said the government should be commended for its initiative.
“The launch of the Queensland Critical Minerals prospectus will increase global exposure and interest of Queensland projects and lead to important introductions to key investment stakeholders,” he said.
“Richmond Vanadium Technology looks forward to showcasing our Richmond Julia Creek project, one of the world’s largest vanadium oxide deposits, via the Critical Minerals Investor Hub, a great initiative in supporting the development of the Queensland critical minerals industry.”