Summary
The government urges development of a complete value chain—from exploration and extraction to processing and manufacturing.
A whole‑of‑government approach is proposed, involving research institutions, startups, private industry, and international partners.
The Research, Development and Innovation Fund will finance early‑stage collaborations to accelerate commercialisation.
Private participation is expanding into traditionally restricted areas such as nuclear technology.
Five priorities include increased research investment, domestic capability building, stakeholder partnerships, global collaboration, and a culture of research philanthropy.