A new Future Battery Industries Cooperative Research Centre (FBICRC) has been announced and will be supported by a $25 million Commonwealth Government funding boost. This program has the aim to expand battery minerals and chemicals production, develop opportunities for specialist battery manufacture; support battery deployment; and optimise the circular economy for the use and re-use of battery systems.
The FBICRC will be based in Perth and will provide industry-led research capability to grow Australia’s competitiveness and contribution in the global battery industries value chain.
Premier Mark McGowan commented: “This will make the State more competitive and innovative in meeting the needs of the electric vehicle and energy storage markets.”
According to the State Government’s Future Battery Industry Strategy for Western Australia: “the rapid uptake of electric vehicles and battery-based energy storage systems around the world is driving global demand for lithium-ion batteries. Electric vehicle and battery manufacturers are securing sources of minerals, materials and components to meet this increase in demand representing a significant opportunity for the State.
Western Australia has substantial reserves of all the battery minerals used in the manufacture of rechargeable batteries, including: large quantities of lithium, nickel, cobalt, manganese and alumina. WA is the global leader in lithium production and is also home to the fourth largest vanadium and manganese resources, the second largest reserves of cobalt and the largest nickel resources. It also produces non-battery minerals used in the manufacture of electric vehicles and energy storage systems, including rare earth elements that are necessary for the production of electric motors.”
For more details, see http://fbicrc.org.au/