Investments to map Australian resources that will power our future prosperity
As part of the 2024-25 May Budget, the Australian Government announced it will fund Geoscience Australia to accelerate the discovery of critical minerals, ground water and other resources necessary for the net zero transition.
The government is providing $566.1 million over 10 years from 2024-25 for the new Resourcing Australia’s Prosperity initiative. This will enable Geoscience Australia to comprehensively map Australia’s natural resources.
This measure will provide publicly available data and information free of charge, helping to identify highly prospective areas for resource exploration and potential new discoveries.
Read the full story on the Department of Industry, Science and Resources website:
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
