Why Critical Minerals
Unlocking Australian Minerals is Critical to the Global Transition to a Sustainable Future
At Dover Castle Metals, we recognise the necessary role that critical minerals play in ensuring a sustainable future. Our exploration efforts focus on essential metals such as silver, tin, tungsten, bismuth, indium, zinc and copper, all of which are in high demand due to their use in clean energy and sustainable technologies.
Why are Critical Minerals Critical?
The transition to clean energy and sustainable technologies is heavily dependent on a specific set of metals.
- Silver: A key component in high-efficiency solar panels, ensuring the continued development of renewable energy infrastructure, Electric Vehicles (EVs) and electronics.
- Tin: Found in wind turbine components and essential for soldering in electronics, vital for the growth of the renewable energy sector and a low-carbon economy, EVs and AI.
- Tungsten: Used in permanent magnets for electric vehicle motors and wind turbines, driving the shift towards sustainable transportation and clean energy generation.
- Bismuth: Plays a role in next-generation battery technology and high-temperature superconductors, enabling advancements in energy storage and transmission.
- Indium: A critical component in thin-film solar cells and transparent conductive oxides, crucial for maximising solar energy capture and efficiency.
- Zinc: Plays a key role in metal production and has a strong recycling capability.
- Copper: Important for solar and wind technology; EVs, batteries and other energy storage systems; and infrastructure for transmitting electricity
These metals are not just important; they are irreplaceable. There are currently no viable alternatives for many of their applications in clean technologies.
Australia boasts a rich supply of critical minerals and metals, and Dover Castle Metals is committed to responsible exploration and development to meet this rising global demand.
By unlocking these resources, we contribute to a sustainable future for Australia and the world.
Queensland particularly has 51 of the world’s most sought-after minerals and has some of the world’s richest mineral producing areas, with major deposits of copper, tungsten, silver, zinc, nickel, cobalt, graphite, vanadium and silica, as well as lead, phosphate and rare earths.
This is recognised in the Queensland Government’s Critical Mineral Strategy released in 2023 which provides a 30-year road map to “To transform the state, national and global economy through the responsible use of Queensland’s critical minerals, creating sustainable economic prosperity for Queensland”.
By responsibly developing these resources, we can ensure a future powered by clean energy and sustainable technologies with a low environmental impact.
