Australia Approves Huge $560 Million Cobalt Mine To Boost Battery Industry

Australia Approves Huge $560 Million Cobalt Mine To Boost Battery Industry
An open cut mine. evgenii_v/Adobe Stock
Daniel Khmelev
Updated:

Australia has given the green light for a massive $560 million (US$410 million) cobalt mining project, aligning with the nation’s plan to become a global battery powerhouse amid an increasingly battery-dependent world.

It also comes amid reports that current cobalt supplies are being sourced from the Democratic Republic of the Congo in deadly conditions using child slave labour.

Daniel Khmelev
Daniel Khmelev
Author
Daniel Khmelev is an Australian reporter based in Perth covering energy, tech, and politics.
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