Australia’s Mining State Aims to Build Battery Hub
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Western Australia is seeking to lure more overseas investment to become a key battery manufacturer, promising financial backers from ally nations they will avoid limits on foreign ownership or repatriation of profits.
The battery minerals sector was an “essential element to Western Australia’s future, and particularly going downstream” in refining and battery manufacturing, the state’s Mines and Petroleum Minister Bill Johnston told business leaders at a conference in Perth Thursday.