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Queensland Launches Australia’s First Battery Supply Chain Database

by Daisy D.
07/05/2024
in Industry, Manufacturing

Queensland Manufacturing Minister Glenn Butcher has announced the launch of Australia’s innovative Battery Supply Chain Database aimed at assisting manufacturers in capitalizing on opportunities within the battery manufacturing sector.

As global efforts towards decarbonization intensify, the demand for battery storage is expected to increase significantly by 2030.

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The Battery Supply Chain Database, an initiative under Queensland’s Battery Industry Strategy 2024–2029, aims to facilitate connections among businesses across Australia and New Zealand, providing access to procurement and supply chain opportunities.

This initiative serves as a vital tool for battery technology companies to identify business and supply chain prospects, thereby supporting domestic production. It also enables manufacturers from other sectors to explore new customer bases, markets, connections, and potential investors within the battery supply chain.

Minister Glenn Butcher highlighted the importance of this initiative for Queensland’s manufacturing industry, emphasizing its potential to create new jobs and ensure long-term economic prosperity. Through robust industry-government partnerships, Queensland aims to generate over 9,100 jobs and contribute $1.3 billion to the economy by 2032.

“This database marks a significant advancement in supporting the emerging battery industry and showcasing Queensland’s potential to contribute to the global value chain. Importantly, Queensland’s regions will play a crucial role in supporting new battery technology, promising substantial economic dividends through job creation and economic growth,” said Butcher.

Associate Professor Joshua Watts, Director of the Energy Storage Research Group at QUT, described the database as a collaborative opportunity among government, academia, and industry to bolster Queensland’s position in the energy storage sector.

“The database will enhance collaboration and unlock further opportunities for local businesses to connect, fostering resilient and sustainable supply chains to meet Australia’s and global demand for battery commodities and products,” said Watts.

Get top supply chain report news on The Supply Chain Report. For international trade insights and tools, visit ADAMftd.com.

#BatterySupplyChainDatabase #QueenslandInnovation #EnergyStorageAustralia #SupplyChainNews

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