10/12/2024

New roadmap to support renewables

The Victorian Critical Minerals Roadmap has been released bringing a new focus to help develop the state’s minerals resources.

The Victorian Critical Minerals Roadmap has been released bringing a new focus to help develop the state’s minerals resources.

Victoria has many of the critical minerals needed to produce wind turbines, rechargeable batteries and electric vehicles, including zircon, titanium, rare earth elements and antimony.

With the demand for these minerals growing globally the state is well positioned to benefit.

As part of the roadmap, the Victorian Critical Minerals Coordination Office will be established within Resources Victoria to help to reduce project approval timelines.

Critical Minerals Priority Development Zones will also be defined, so that industry and communities can better understand areas with the highest likelihood of developing successful critical minerals operations.

Victoria’s Critical Minerals Roadmap recognises the importance of local communities and Traditional Owners.

In 2025, Resources Victoria will investigate benefit sharing models for local communities and Traditional Owners, balancing the interests of all stakeholders to optimise social, environmental and economic outcomes.