Quad nations to focus on clean-energy supply chain, says Australia PM
Skip to main content
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
The Business Standard

Wednesday
February 08, 2023

Sign In
Subscribe
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
WEDNESDAY, FEBRUARY 08, 2023
Quad nations to focus on clean-energy supply chain, says Australia PM

World+Biz

Reuters
25 September, 2021, 05:15 pm
Last modified: 25 September, 2021, 05:17 pm

Related News

  • Bangladesh becomes first Asian country to receive loan from IMF's 'Resilience and Sustainability Fund'
  • Big tech helps big oil spread subtle climate denialism
  • Early climate adaptation investment could save Bangladesh billions by 2030: Study
  • Breakthrough in nuclear fusion boosts clean power hope
  • US climate envoy Kerry outlines carbon offset initiative for developing nations

Quad nations to focus on clean-energy supply chain, says Australia PM

Reuters
25 September, 2021, 05:15 pm
Last modified: 25 September, 2021, 05:17 pm

Australia's Prime Minister Scott Morrison is seated with members of his delegation as he participates in a 'Quad nations' meeting at the Leaders' Summit of the Quadrilateral Framework hosted by US President Joe Biden in the East Room at the White House in Washington, US, September 24, 2021. REUTERS/Evelyn Hockstein/File Photo
Australia's Prime Minister Scott Morrison is seated with members of his delegation as he participates in a 'Quad nations' meeting at the Leaders' Summit of the Quadrilateral Framework hosted by US President Joe Biden in the East Room at the White House in Washington, US, September 24, 2021. REUTERS/Evelyn Hockstein/File Photo

The United States, Japan, India and Australia will work to improve the security of supply chains for critical technologies such as clean energy and to ease a global semiconductor shortage, said Australia's Prime Minister Scott Morrison.

The Quad nations, in their first in-person summit on Friday in Washington, agreed on a partnership to secure critical infrastructure, the White House said.

Morrison told reporters after the meeting this will include connecting Australia's raw minerals with manufacturing and processing capabilities, and with end users in the United States, India and Japan, according to a transcript released on Saturday by his government.

Australia is the world's biggest supplier of rare earths outside of China, and is a major supplier of minerals used in electric vehicle batteries, such as nickel, copper and cobalt.

While the leaders did not publicly refer to China, they repeatedly insisted on rules-based behaviour in a region where China has been trying to flex its muscles. Beijing criticised the group as "doomed to fail."

The other Quad leaders expressed appreciation for Australia's role in supplying critical materials "because that is a necessary supply for the many industries and processing works that they operate themselves", Morrison said.

"On critical minerals, Australia is one of the biggest producers, but we believe we can play a bigger role in a critical supply chain that is supporting the technologies of the future."

Australia will host a clean-energy supply chain summit next year, aiming to develop a roadmap for building such supply chains in the Indo-Pacific region, Morrison said.

The Quad also discussed ways to better secure a semiconductor supply, Morrison said, as global carmakers and other manufacturers have cut production due to the shortage made worse by a COVID-19 resurgence in key Asian semiconductor production hubs.

"This is an ecosystem we want to create and we want to do that... in the region," he said.

QUAD / Quad Alliance / Austria / Austrilia / climate change

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • RMG turns to India from China to get cheaper man-made yarn
    RMG turns to India from China to get cheaper man-made yarn
  • Country's revenue earnings were Tk40,000cr more in last fiscal: Finance Minister
    Country's revenue earnings were Tk40,000cr more in last fiscal: Finance Minister
  • The world's richest person is trying to head off a succession battle
    The world's richest person is trying to head off a succession battle

MOST VIEWED

  • An aerial view shows damaged and collapsed buildings following an earthquake, in Kahramanmaras, Turkey February 7, 2023. REUTERS/Stringer
    Next day crucial for saving many lives in Turkey, Syria
  • The world's richest person is trying to head off a succession battle
    The world's richest person is trying to head off a succession battle
  • Rescuers search through rubble of collapsed buildings following an earthquake, in the rebel-held town of Sarmada, Syria February 6, 2023 in this still image obtained from a drone footage. WHITE HELMETS /Handout via REUTERS
    Syrians abroad fear political rifts will stop aid reaching quake victims
  • Photo: Reuters
    A tragedy that will also shake up the region's geopolitics
  • Photo: Collected
    Syria newborn pulled alive from quake rubble
  • Photo: Collected
    India plans to promote green tourism during G20 presidency

Related News

  • Bangladesh becomes first Asian country to receive loan from IMF's 'Resilience and Sustainability Fund'
  • Big tech helps big oil spread subtle climate denialism
  • Early climate adaptation investment could save Bangladesh billions by 2030: Study
  • Breakthrough in nuclear fusion boosts clean power hope
  • US climate envoy Kerry outlines carbon offset initiative for developing nations

Features

Photo: Reuters

A tragedy that will also shake up the region's geopolitics

9h | Panorama
Nimah designed by Compass Architects- Wooden tiles. Photo: Junaid Hasan Pranto

Trendy flooring designs to upgrade any space

20h | Habitat
Benefits of having high ceilings in your new home

Benefits of having high ceilings in your new home

19h | Habitat
Each Reverse Osmosi plant can produce approximately 8,000 litres of drinking water a day for around 250 families. Photo: Sadiqur Rahman

A drop in the ocean of persistent water crisis

21h | Panorama

More Videos from TBS

30% companies see double-digit growth even in hard times

30% companies see double-digit growth even in hard times

12h | TBS Insight
Challenging time waiting for RMG

Challenging time waiting for RMG

19h | TBS Round Table
"Full Moon Meditation" organized by Department of Theater and Performance Studies, University of Dhaka

"Full Moon Meditation" organized by Department of Theater and Performance Studies, University of Dhaka

19h | TBS Graduates
10 cricketers who have played over 400 T20 matches

10 cricketers who have played over 400 T20 matches

19h | TBS SPORTS

Most Read

1
Photo: Courtesy
Panorama

From 'Made in Bangladesh' to 'Designed in Bangladesh'

2
Leepu realised his love for cars from a young age and for the last 40 years, he has transformed, designed and customised hundreds of cars. Photo: Collected
Panorama

'I am not crazy about cars anymore': Nizamuddin Awlia Leepu

3
Master plan for futuristic Chattogram city in the making
Districts

Master plan for futuristic Chattogram city in the making

4
The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas/File Photo
Economy

IMF approves $4.7 billion loan for Bangladesh, calls for ambitious reforms

5
Belal Ahmed new acting chairman of SIBL
Banking

Belal Ahmed new acting chairman of SIBL

6
Photo: Collected
Crime

Prime Distribution MD Mamun arrested in fraud case

EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2023
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net