Vanadium a key part of Future Made in Australia policy — if Senate can be convinced to back it
ABCIn short: Vanadium producers have welcomed the federal government's $7 billion in tax incentives for critical minerals. For Australian Vanadium Ltd, the federal government's announcement in the budget of tax incentives for critical minerals production A schematic for a vanadium redox flow battery. "The incentive would send a strong signal to the market, highlighting the government's support for the critical minerals sector and likely attracting further investment and partnerships with our trading partners," he said. "Without a mechanism such as the production tax credit, Australia may lose its ability to compete in attracting the capital necessary to grow our domestic critical minerals industries and battery material manufacturing base," Vecco's Tom Northcott said.
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