Hydrogen projects dominate Australia's resources and energy major projects pipeline by value hydrogen lithium Australia
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Hydrogen projects accounted for an estimated A$266 billion worth of potential investment, lifting the estimated total value of projects in the investment pipeline to a range of A$572–705 billion, it added. “The hydrogen project pipeline continues to expand, and they now comprise the largest single component in this year’s report. Hydrogen projects almost doubled from an estimated range of A$133–185 billion in 2021 to A$230–303 billion in 2022, though these values are still dominated by two megaprojects worth $150 billion,” the authors of the report found.
Rising global demand for electric vehicle batteries saw lithium demand surge as supply shortfalls lifted prices to record levels. Australian producers accelerated plans to bring additional production online, with substantial progress made on a number of projects over the past year.
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