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AAP
AAP
Politics
Dominic Giannini

Money for Aussie minerals on the conveyor belt

Resources is one area being targeted for a manufacturing boost by the National Reconstruction Fund. (HANDOUT/NEWCREST MINING)

Australia only produces one per cent of the world's batteries despite having half of its critical minerals and the kickstarting of a $15 billion fund is aiming to change that.

The government's National Reconstruction Fund is starting to bankroll onshore projects to boost local manufacturing in areas such as resources, medical science, renewable technology and defence. 

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