Queensland manufacturers can target new markets and opportunities through Australia’s first Battery Supply Chain Database.
Launched today, the database aims to help businesses gain a competitive advantage in the emerging battery manufacturing industry.
State Manufacturing Minister Glenn Butcher said the tool would help battery technology companies identify business and supply chain opportunities to support domestic production.
Minister Butcher said manufacturers outside of the battery supply chain could also use the database to identify new customers and markets and to connect with the battery supply chain and potential investors.
“As the world continues to decarbonise, the demand for battery storage is set to increase tenfold by 2030,” he said.
“This is a great step forward to support an emerging battery industry, and to showcase the potential of Queensland’s manufacturing industry to supply components of the global value chain.”
Minister Butcher said Queensland’s regions would play a major role in supporting new battery technology, with huge dividends expected through the creation of new jobs and more economic growth and long-term prosperity.
“This can be a valuable tool, that will give a boost to emerging battery technology companies who will be able to identify national business and supply chain opportunities to support domestic production.
“By getting in early, we can ensure Queensland manufacturers have the pioneer’s advantage, staking a claim in the marketplace and becoming established early.”
