JOGMEC is to cover as much as $483,000 annually for two years in the search for deposits of the nickel-iron alloy at the Klow project in British Columbia.
Rising geopolitical tensions and the prospect of industrial decoupling are fueling a surge of interest in the processing of energy-transition metals outside China.
Rapidly rising energy demand spurred by the ongoing electrification of building and transport industries requires that Australia grows its energy storage capacity at least 10-fold by 2050.