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View all search resultsKey priorities in the agreement include cooperation in science and technology as well as investment in agricultural technology, education and the strengthening supply chains for electric vehicle batteries.
The planned investment by Queensland-based Pure Battery Technologies (PBT) is intended to fill the gap in the domestic supply chain by building capacity to produce battery precursor materials, one of the highest-value segments in the nickel industry.
In a push to reduce the burden of fuel subsidies on the state budget and boost growth in the latter two quarters, the government is planning to roll out a new incentive for purchases of electric two- and four-wheelers in June.
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