The Australian Government has announced a plan to offer tax breaks to critical minerals companies engaging in downstream processing and refining, with a particular focus on projects related to green hydrogen. The agreement, reached with the Greens party, involves a 10% production tax incentive for eligible projects, excluding uranium ventures, starting from the financial year 2027-28. This initiative aims to encourage the development of materials essential for renewable energy technologies such as batteries, solar panels, and wind turbines, aligning with the country's efforts towards a greener future. The $17.5 billion measure, described as one of the largest support packages ever provided to the sector, is designed to harness economic and industrial opportunities arising from the global transition to net zero emissions. The Resources Minister, Treasurer, and Energy Minister expressed their commitment to ensuring that the benefits of this investment reach local workers, industries, and communities across Australia. Despite opposition from the Coalition, the tax breaks were successfully passed in the Senate and are expected to predominantly benefit projects in Western Australia. The legislation includes provisions to prevent union agreements from being a prerequisite for companies to access the incentives. Greens leader Adam Bandt praised the support for the critical sector, emphasizing the significance of such initiatives in addressing the challenges posed by the current climate emergency. The final approval of the legislation rests with the lower house, following the minor amendments made during the Senate session.