When global lenders assess mining projects, it is no longer enough to meet Australian legislation – financiers are demanding alignment with international ESG standards, and the gaps are costing companies time and money.
The future of Australia’s role in critical mineral supply chains may depend less on matching China’s scale and more on proving that secure, trusted supply with ESG credentials is worth paying for.
China quietly built the world’s most powerful critical minerals supply chains while other nations - including Australia - dozed through a geopolitical shift that now threatens economic security, trade independence, and defence readiness.