ESG

Albanese visits base metals mine

PM talks up importance of green energy metals

Staff reporter

This article is 1 year old. Images might not display.

Albanese described the operation as "vital".

"In this North West Queensland corridor, between here, indeed across to the Northern Territory border, and across to Townsville, has an abundance of zinc, of copper, of vanadium, of the sort of products that will drive our economy in this century," he told reporters at the mine.

"This is an iconic institution here.

"The mining industry is vital for our country. As we move to a clean energy future, the composition of the mining industry will change but its importance won't.

"What will see is products like copper increase in value because of what is happening in the car industry.

"What is an electric vehicle? An electric vehicle is something that is basically copper together with other minerals that we have, nickel and cobalt.

"When it comes to lithium for batteries, all of the things that Australia has, I'm determined to have a future made in Australia and that's something that is a real focus of my government."

Sam Strohmayr, head of Glencore's zinc and copper assets in Australia, said the company was delighted to host Albanese.

"We were also grateful to have the opportunity to discuss the increasing importance of metals and minerals in Australia and the contribution our operations make to the region."

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

MiningNews.net Research Report 2025

The MNN Research Report 2025 provides insights into critical mining themes in Australia/Oceania, including top projects, C-suite priorities, risk, ESG performance and investor sentiment.

editions

Mining Journal Intelligence: Investor Sentiment Report 2025

Exclusive insights into the plans, priorities and preferences of 130+ mining investors and top factors influencing investment decisions in 2025.

editions

Mining Journal Intelligence World Risk Report 2024 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 117 jurisdictions globally, assessed across six risk categories and an industrywide survey.

editions

Mining Company ESG Index: Benchmarking the Future of Sustainable Mining

The Mining Company ESG Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.