1、Aussie Mine 2023Critical choicesPwC|Aussie Mine 2023PwC|Aussie Mine 2023In Aussie Mine 2022 we urged Australia to think differently and act now.Its 2023-its become more critical.Welcome to the 18th edition of Aussie Mine:Critical choices.Aussie Mine provides industry and financial analysis on Austra
2、lias mid-tier 50 mining companies(MT50),highlighting the opportunities and challenges ahead.The list of companies in this years MT50 is on page 25 and 26.Critical choices:Australias critical minerals opportunityAustralia has the chance to generate more than$170bn in gross domestic product(GDP)and cr
3、eate almost 330,000 jobs by 2040 if we capitalise on our first-class endowment of critical minerals and other energy transition minerals.1 But well only get this benefit if we make some critical choices around critical minerals and fast.In Aussie Mine 2022 we urged Australia to think differently and
4、 act now.Its 2023-its become more critical.First and foremost,we need to get moving to meet global decarbonisation goals.Low emissions technologies are mineral intensive,and so demand for electric vehicles(EVs),wind turbines,solar panels,batteries,hydrogen electrolysers and electricity transmission
5、will dramatically increase demand for critical minerals.Fortunately,Australias mining companies are in the right shape financially to play their role in developing new projects.As this years Aussie Mine report shows,earnings have reached a new record level,while existing financing and supportive mar
6、kets will also help fund the needed investment.Mixed short-term signalsShort-term economic uncertainty continues,as do geopolitical risks,and both present some mixed signals on prices.Beyond the short term,however,the outlook is clearer.Demand for critical minerals will continue to rise significantl