Future Battery Industries CRC

FBICRC delivers $1.15B benefit to Australia.

Future Battery Industries CRC (FBICRC) is pleased to announce the release of its Impact Assessment Report (the Report) covering its six-year funding term as well as enduring legacy outcomes (2019-2025+).

The FBICRC’s initiatives have contributed to the development of nationally important infrastructure, informed both federal and state strategies, and fostered partnerships with domestic and international stakeholders.

Derek Hall, FBICRC CEO noted “The Impact Assessment Report is s great endorsement of the CRC Program and a testament to the investments made by our participant cohort from across the battery value chain. With an indicated Total Economic Benefit of $1.15B, and a Benefit-Cost Ratio of 4.4, the FBICRC has helped create a strong foundation for Australia future battery industries. Thank you to CIS for delivering this robust assessment and to QUT, Magellan Power and Rio Tinto for sponsoring the work.”