1 00:00:00,080 --> 00:00:02,320 Speaker 1: The most telling part in this didn't get enough coverage either. 2 00:00:02,640 --> 00:00:04,880 Speaker 1: Most telling part of the release of the draft of 3 00:00:04,920 --> 00:00:08,960 Speaker 1: our critical Minerals List, which came out yesterday afternoon, is 4 00:00:09,000 --> 00:00:13,160 Speaker 1: that we have never as a country developed a comprehensive 5 00:00:13,200 --> 00:00:15,520 Speaker 1: picture of our mineral needs and weakness. As obvious question 6 00:00:15,600 --> 00:00:19,360 Speaker 1: there why not. Part of a strong resilient economy is 7 00:00:19,400 --> 00:00:21,439 Speaker 1: when you do things yourself. See as a small country, 8 00:00:21,880 --> 00:00:24,279 Speaker 1: we can't do everything. We don't have sort of domestic heft. 9 00:00:24,320 --> 00:00:26,880 Speaker 1: We don't have a natural domestic market for a lot 10 00:00:26,880 --> 00:00:29,520 Speaker 1: of large scale operations. Now, in some cases where we 11 00:00:29,560 --> 00:00:31,720 Speaker 1: do do things at scale, we sell it off. Sure, 12 00:00:31,760 --> 00:00:33,720 Speaker 1: of course we're quite good at some of it. Farming 13 00:00:34,040 --> 00:00:36,279 Speaker 1: would be an example, But it's why we don't make 14 00:00:36,360 --> 00:00:38,879 Speaker 1: cars because when we did it didn't work financially. We 15 00:00:38,920 --> 00:00:40,680 Speaker 1: are better bringing them in. But one of the great 16 00:00:40,720 --> 00:00:43,320 Speaker 1: economic quandaries we have is a thing called a current 17 00:00:43,479 --> 00:00:46,839 Speaker 1: account deficit. We buy more stuff from the world than 18 00:00:46,880 --> 00:00:50,120 Speaker 1: we sell to it. This is not good. We could 19 00:00:50,400 --> 00:00:52,760 Speaker 1: mine more than we do. The fact that there are 20 00:00:52,800 --> 00:00:55,880 Speaker 1: thirty five minerals on the list, and by the way, 21 00:00:55,880 --> 00:00:58,640 Speaker 1: that list doesn't include coal or gold, means we have 22 00:00:58,640 --> 00:01:01,800 Speaker 1: a lot of minerals were taking full advantage. Obviously not 23 00:01:02,120 --> 00:01:04,600 Speaker 1: could we? Why not? Well, because a lot of people 24 00:01:04,600 --> 00:01:06,959 Speaker 1: get angsty about mining, But as the miners will tell you, 25 00:01:07,000 --> 00:01:10,080 Speaker 1: it's an increasingly sophisticated industry that cleans up after itself 26 00:01:10,120 --> 00:01:12,200 Speaker 1: in a completely different way from the olden days. And 27 00:01:12,280 --> 00:01:16,319 Speaker 1: here is the simple truth. The world needs minerals. We 28 00:01:16,360 --> 00:01:18,280 Speaker 1: need minerals the same way we need power to turn 29 00:01:18,319 --> 00:01:21,000 Speaker 1: the lights on. In our current predicament around generation and 30 00:01:21,000 --> 00:01:23,040 Speaker 1: supplies all the evidence you need to know, we should 31 00:01:23,080 --> 00:01:26,479 Speaker 1: be prioritizing jobs and cost of living over the ideology 32 00:01:26,480 --> 00:01:29,880 Speaker 1: of renewables and conservation land. And those opposed are often 33 00:01:29,920 --> 00:01:32,600 Speaker 1: opposed no matter what. They aren't for turning a fern 34 00:01:32,680 --> 00:01:35,479 Speaker 1: and a snail beats a job in power, and that's 35 00:01:35,560 --> 00:01:38,000 Speaker 1: just the way they are. They are allowed to be obsessed, 36 00:01:38,319 --> 00:01:42,080 Speaker 1: but they shouldn't dictate economic travel. Minerals are an income stream, 37 00:01:42,319 --> 00:01:45,520 Speaker 1: a job stream, and a sensible, viable answer to a 38 00:01:45,520 --> 00:01:49,720 Speaker 1: lot of economic problems. For more from the Mic Asking Breakfast, 39 00:01:49,880 --> 00:01:53,200 Speaker 1: listen live to news talks that be from six am weekdays, 40 00:01:53,440 --> 00:01:55,800 Speaker 1: or follow the podcast on iHeartRadio.