Calls for govt support to prevent lithium battery, renewable energy start-ups leaving Australia

Australia has all the ingredients to become a renewable manufacturing superpower, but some start-ups still see their future overseas.

Australia currently supplies 60 per cent of the world's lithium and boasts bountiful deposits of almost every raw material needed to create lithium-ion batteries.

But the majority of those materials are destined for International markets.

Sicona Battery Technologies is a start-up based in the Illawarra region of New South Wales and hopes to carve out a slice of the renewable pie.

The company produces a silicon composite material that dramatically improves the performance of the fuel source powering the electric vehicle (EV) revolution.

Read More: https://www.abc.net.au/news/2022-12-28/calls-government-support-lithium-battery-renewable-energy/101793740