The Australian Government is developing a new critical minerals strategy that outlines priorities for the sector, including how it can contribute to furthering Australia’s emissions reduction. Transparency International Australia welcomes the Australian government’s commitment to upholding high environmental, social and governance standards in the development of their Critical Minerals Strategy.
It is imperative that this commitment not only takes into account Australia’s domestic impact, but that it takes in to consideration the implication of Australia’s mining sector’s global footprint. There are more than 700 ASX listed mining, oil and gas companies operating in over 100 countries globally. Australia, as a world-leading mining country has a crucial role to ensure that the sector, and its energy transition, is sustainable and just.