Strategic Critical Minerals

Indicated and inferred REE resource –  mineralisation remaining open in all directions. It’s the largest indicated resource of all Australian heavy REE-dominant deposits.

Victory a key non-Chinese Supply Chain option of Strategic Critical Minerals

These key ingredients are essential for Australia to build clean energy infrastructure and technologies for aerospace and defence.

  • Critical minerals are essential for modern but their supply chains are vulnerable to disruptions from events like conflicts, natural disasters and geopolitical tensions.
  • Australia has designated 31 critical minerals that are vital for clean energy, aerospace and defence.
  • Each country’s critical minerals list differs based on local industry needs and supply threats, highlighting the importance of secure and reliable supply chains.

 

  • Solid oxide fuel cells
  • Aerospace alloys
  • Ceramics
  • Lasers
  • Nuclear control rods
  • Nickel-based super-alloys
  • Plasma arc metal cutting
  • High-temperature ceramics
  • Alloys and super-alloys
  • Permanent magnets
  • Catalysts
  • Medical treatment

Scandium market is set for explosive growth and is essential for advancements in 21st century technologies across the transportation, aerospace, military, information, communications, and energy sectors. The escalating U.S./China tech-arms race is driving Western nations to develop regional supply chains for scandium.

Gallium is a critical mineral gaining attention. Gallium plays a vital role in modern technology. It’s a key component in LED lighting, mobile phone chips (especially 4G/5G) and small, high-power transformers.