Australia supports battery industry with USD-18m grant

The Australian government will give a AUD-25-million (USD 17.9m/EUR 15.9m) grant to an industry-led cooperative research centre to support the development of the battery sector.

More specifically, the Morrison Government will provide the above-mentioned sum over a period of six years to the Future Battery Industries Cooperative Research Centre (CRC). During that time, participants in the CRC are expected to contribute over AUD 110 million in cash and in-kind.

The centre, which is headquartered at Curtin University in Perth, will use the funds to implement three research programmes focused on: battery industry development; the processing of minerals; metals and materials for batteries and the development of a new battery storage system.

The CRC will provide finance to 40 PhD students and carry out an education and training programme with the goal of establishing a workforce to support the country’s future battery industries, the announcement says.

(AUD 1.0 = USD 0.714/EUR 0.634)

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