The economic and social benefits of long term development of the battery supply chain warrant continued support from investors and government during tight capital markets. The AMBC supports Redflow in their efforts to go through Administration and we wish them all the best through this process.
Recent Federal Government and Queensland Government budget measures to support the Advanced Material and Battery supply chain will make a difference. The opportunity that presents in the clean energy transition is rare and includes home made battery technologies to support a stable and reliable renewable energy grid, a transition that will support new manufacturing industries and a transition where we can build our own secure and resilient battery supply chain.