Monday 7 September 2009

The - very - lucky country.

Australia has long been described as "the lucky country " and because of this it is the destination of choice for those seeking escape from other parts of the world.

Not only do we have a temperate climate but this land simply exudes opportunity. We are food producers and exporters, and that is important in a world rapidly becoming over populated - and heading into a world food crisis.

Australia is a huge land mass, and because of that our natural recourse's are helping to power the world economy. We export coal, iron ore and now huge quantities of natural gas from abundant reserves measured in centuries.

Once again luck has smiled upon us as change sweeps aside the internal combustion engine as the means of powering the automobile. Oil reserves are depleting - and we are about to enter the age of the electric car.

The one big stumbling block to electric cars has been the limitations on battery efficiency, but this has improved sharply with the development of the lithium battery.

All many people seem to know about the lithium battery is that it lasts six times longer in our digital cameras and music players - and costs several times more than the old conventional batteries.

What is important for Australia is the source of it's driving component - lithium !

The two most important sources of this raw material are - Chile and Australia. Chile mines about 12,000 tonnes a year - and the fast growing Australian industry is catching up at 8,000 tons.

Once again luck has provided us with a new raw material that is likely to be the base component of the electric car age, and that means jobs - profit - and a recourse that seems to be lacking in many
other countries.

Australia once " rode on the sheep's back ", changed course to become a vast energy supplier - and now is about to take a position supplying one of the most important components of this twenty-first century.

How much luck do we need ?

No comments:

Post a Comment