Senate debates

Thursday, 30 October 2025

Questions without Notice

Critical and Strategic Minerals Industry

2:40 pm

Photo of Tim AyresTim Ayres (NSW, Australian Labor Party, Minister for Industry and Innovation) Share this | Hansard source

What you will find, of course, is that, in the period since I was appointed as the minister for industry, this is one of the questions that as the minister I have been very focused on. The truth is that this facility is facing a very uncertain future. That is the truth. It is facing markets that are very challenging because of over-subsidisation and overcapacity in certain markets, particularly in China, and tariff responses from economies around the world, not just the United States. It is facing a series of energy challenges largely brought upon, I have to say, by 10 years of inaction on the energy front, which means that there is less supply than there could have been. We'll see if the next question's original.

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