![]() Start of a commodity supercycle that could last decades. National governments worldwide are trying to lower their country’s CO 2Įmissions by discouraging the use of fossil fuels and nurturing greenerĪlternatives-we believe the surge in critical mineral demand is likely the Given that decarbonizing the global economy will certainly take decades,Īnd that it is so widely underpinned by government policies-some 200 Such as EVs, wind turbines, solar panels, and rechargeable batteries. Processing to deliver the input for end users.Ĭritical minerals are indispensable for manufacturing clean technologies They are also hazardous to extract and require expensive Contrary to what the name suggests, most rareĮarth elements can be easily found all over the world, though often not in Magnets for computers and wind turbines) and yttrium (used in targeting Include 17 lesser-known substances such as neodymium (used in powerful Products due to their magnetic and fluorescent properties. So-called rare earth minerals are essential components of many high-tech Both are used in rechargeable batteriesįor mobile phones, laptops, digital cameras, and electric vehicles (EVs). Metal by-product of the extraction of copper and nickel, and lithium, a ![]() Some of the most common critical minerals include well-known elements suchĪs aluminium, copper, nickel, and silver. Some 50 minerals are crucial for manufacturing a wide range of goods suchĪs fighter jets, cars, mobile phones, computers, and semiconductors. ![]() This second article in the series focuses on critical minerals and why this is a key investment theme. RBC Wealth Management’s “Worlds apart: Risks and opportunities as deglobalization looms” series explores the trend away from globalization and its ramifications for investors, economies, and financial markets. The VBA, as the state’s building and plumbing regulator, participates in the BRF.Managing Director, Head of Investment Strategy To develop consistent approaches to such non-compliance where relevant.Where state building regulators can share intelligence about potential areas of non-compliant building products or broader industry non-compliance which may have national implications.The Building Regulators Forum (BRF) provides a forum: The SOG comprises senior departmental staff from each State and Territory and the Commonwealth and facilitates collaboration to develop strategic responses to issues affecting the building industry nationally. The Senior Officers Group (SOG) provides policy advice to the BMF on building and plumbing issues of national significance. Visit the Australian Building Codes Board. representative of the Australian Local Governmental Association.Commonwealth, State and Territory administration representatives responsible for building matters – Victoria is represented through the VBA.The ABCB is a Council of the Australian Government (COAG) standards writing body that is responsible for the National Construction Code (NCC) which includes: The Minister for Planning is Victoria’s representative on BMF.Ī key function of the BMF is to oversee the work of the Australian Building Codes Board and set priorities for national policy work, which will principally be delivered by the Senior Officers’ Group. The Commonwealth Government Minister and State and Territory Ministers responsible for building and plumbing regulatory matters meet through the Building Ministers’ Forum (BMF).Ĭhaired by the Commonwealth Minister for Industry, Science and Technology. Key national bodies each have a defined role, functions and criteria for membership which are agreed between state, territory and commonwealth governments. Victoria’s building regulatory framework is influenced by and can have impacts on the regulatory framework nationally.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |