Developing Australia’s critical minerals and rare earths: implementing the outcomes from the 2023 Darwin Dialogue

Critical minerals and rare earths are the building blocks for emerging and future technologies, inseparable from the supply chains of manufacturing, clean energy production, medical technology, semiconductors, and the defence and aerospace industries. Despite their criticality, their supply chains are exposed to numerous vulnerabilities – threatening the production and development of vital technologies.

This report—based on closed-door, invitation-only discussions at ASPI’s new Darwin Dialogue, a track 1.5 meeting between Australia, Japan and the US—makes 24 recommendations for government and the private sector to support the development of viable, competitive alternative markets that offer products through supply chains secure from domestic policy disruptions and economic coercion.

These recommendations are derived from analysis of the challenges embedded in critical minerals supply chains, including the inability for global production to meet projected demand, and dependency upon China and politically unstable nations as at times near singular sources of production.

Australia’s natural endowments of critical minerals and rare earths provide a unique opportunity to achieve intersecting economic, environmental, and strategic objectives. But, as detailed in this report, effective coordination between Australia’s state, territory and federal governments, mining and industry, and international partners will be pivotal to developing this opportunity. Further still, achieving our critical minerals objectives will require a bold new policy approach from all stakeholders.

Covid-19: implications for the Indo-Pacific

C

As we approach four years since the first cases of Covid-19 in the Chinese city of Wuhan, the world seems relatively familiar again, albeit an increasingly scary place because of war in Europe, accelerating climate change, and the unhealthy nexus between new technologies and authoritarian coercion by Beijing and others.

Within this ‘polycrisis’, Covid-19 now feels like a secondary concern. But the world remains unprepared for the next pandemic, which the Director-General of the World Health Organization, Dr Tedros Adhanom Ghebreyesus, has warned could come soon and be even more deadly.

This report provides a comprehensive stocktake of the lessons our region should draw from Covid-19 at precisely the time we risk forgetting the pandemic’s significance, not just for health but also for the resilience of our societies, economies and international rules-based trade and security.

This collection of papers by Japanese and Australian academics, journalists and think tankers explores varying aspects of the regional impact of the pandemic, including on trade, foreign affairs and security. The collection includes detailed case studies on Japan, the Philippines and Indonesia, as well as thematic analysis at the regional and multilateral levels.

We hope the compilation is useful for policy makers and decision makers throughout the region, in particular the examination of the systemic links between different forms of crisis preparedness, the sovereign resilience of smaller powers against great power influence, and the effect of Covid-19 in accelerating pre-pandemic regional trends, including mounting challenges to liberal democracy.

This report was produced with funding support from the Japanese Government.