Geographical

Click on the drop-down list to quickly identify which countries and regions mine, refine and recycle which critical materials. You can also examine value capture potential and supply risks by geography and understand more about critical materials policy and strategy in each locality.

Australia

The Australian Government intends to grow Australia into a critical materials powerhouse. Its latest Critical Minerals Strategy aims to grow its critical materials sector and importantly expand downstream processing. The country enjoys plentiful and diverse resources and is an established mining giant but needs to develop a cost-competitive domestic processing sector that meets environmental, social and governance standards to capture more value from its geological abundance. For Australia, the priority, and focus of its Critical Minerals Prospectus, is to support development and maximise its vast potential and competitive and comparative advantages, although there are a handful of materials for which there are also supply risks to also mitigate.

CMRI Ranking 2024
Critical Materials
Mine Producer
Refined Producer
Secondary Supply
Value Potential
Supply Risk
1 Cobalt Yes Yes No High Low
2 HREEs Yes Yes No Mid Mid
3 Niobium No No n/a Low Mid
4 Magnesium n/a No n/a Low Mid
5 LREEs Yes No No High Mid
6 Aluminium n/a Yes Yes High Low
7 Graphite No No n/a Low High
8 Chromium No No No Mid Low
9 Antimony Yes No Yes High Low
10 Vanadium No No No High Low
11 Tungsten Yes No Yes High Low
12 Silicon No No No Low High
13 Tantalum Yes No No High Low
14 Gallium n/a No No Low Low
15 Bismuth n/a No No Low Mid
16 Manganese Yes Yes n/a High Low
17 Boron No No n/a Low Mid
18 Molybdenum No No No Low Low
19 Bauxite Yes n/a n/a High Low
20 Germanium n/a No No Low Low
21 Nickel Yes Yes No High Low
22 Fluorspar - n/a n/a Low High
23 Titanium Yes Yes No High Low
24 Scandium No No n/a Mid Low
25 Copper Yes Yes Yes High Low
26 Zinc Yes Yes Yes High Low
27 Iron Yes n/a n/a High Low
28 Indium Yes No n/a Mid Low
29 Tin Yes No Yes High Low
30 Lead Yes Yes Yes High Low
31 Lithium Yes Yes n/a High Low
32 PGMs No No No Low Low
33 Tellerium No No n/a Low Mid
34 Zirconium No No n/a High Low
35 Hafnium n/a No n/a Low Low
36 Silver Yes Yes Yes High Low
37 Selenium No Yes n/a Mid Low
38 Strontium No No n/a Low Mid
39 Gold Yes Yes n/a High Low
40 Rhenium No No No Low Low