The Australian Prime Minister, Anthony Albanese, along with Minister for Climate Change and Energy, Chris Bowen, announced a significant investment of $750 million by the Albanese Labor Government towards developing new technologies in the metals industry. The aim is to ensure the competitiveness of Australia's metals manufacturers on a global scale. This funding, a part of the $1.7 billion Future Made in Australia Innovation Fund, is dedicated to driving innovation, especially in the realm of low-emissions technologies. The initiative will support the development of cutting-edge technologies, as well as fund pilot and demonstration projects to lower emissions, enhance productivity, and modernize plant and equipment in the metals industry. The focus is on unlocking the potential for commercial-scale production of green metals from Australian ores and renewable resources, which is anticipated to open up new trade opportunities, create more jobs, add value, and lower emissions. The administration of the funding will be handled independently by the Australian Renewable Energy Agency (ARENA). This investment is part of a larger effort by the Albanese Labor Government, with over $5 billion now allocated to boost the Australian metals industry and ensure the continuity of sovereign metals manufacturing within the country. The government officials emphasized the importance of creating local job opportunities, cutting emissions, and positioning Australia at the forefront of the global clean energy economy. They highlighted the significance of producing green metals and adopting low-emissions technologies to drive the sector forward and strengthen economic and national security resilience for the future.