Australia Battery Market Set to Reach USD 4.01 Billion by 2030

According to Next Move Strategy Consulting, Australia Battery Market is predicted to reach USD 4.01 billion with a CAGR of 12.4% from till 2030.

Australia is home to enormous mineral wealth and one of the leading industries in Australia is the mining industry. The country has one of the most extensive reserves of metals such as lithium, nickel, and cobalt, which are essential for the production or manufacturing of modern batteries. 

Improper battery management presents significant risks to both human health and the environment. An ongoing issue involves the incorrect disposal of used batteries, leading to their buildup in landfills.

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