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annual report

Summary of submissions on the draft Critical Minerals List

This document provides a summary of submissions on the draft Critical Minerals List for New Zealand (the List). Consultation on the List started on 15 September and closed on 10 October 2024. Insights from submissions were considered by MBIE officials and Wood Mackenzie and informed advice to the Minister for Resources.

Promoting Global Trade and Investment

Updated November 2025 New Zealand’s economy relies heavily on exports from a range of sectors, including food and fibre, tourism, technology, and education. These industries are key sources of foreign income. The Government has set an ambitious goal of doubling export value in 10 years. To achieve this, New Zealand must improve access to international markets, increase the value and diversity of its exports, and attract high-quality investment to boost productivity and support long-term growth.

What is geothermal and how is it important to New Zealand?

Our unique geology provides New Zealand with an extraordinary opportunity to harness a powerful and versatile natural resource with diverse applications. Stunning vistas showcasing precious geothermal surface features, combined with early innovation in energy development, laid the foundation for New Zealand’s energy profile and propelled us forward as a global leader.

Emerging trends in building design, technologies, and materials

This section provides an overview of key innovation trends currently reshaping the global construction landscape. It also features local examples applying and adapting these trends.

Innovation, Technology and Science

Updated 4 November 2025 Research and development (R&D) drives productivity and high-value jobs. By leveraging science, innovation, and technology, we add value to products and services, boost global competitiveness, and attract investment. Our goal is a system that empowers world-class scientists, universities, and research organisations to turn ideas into market-ready solutions. Our ambition is to drive a relentless focus on commercialisation and economic impact to meet the needs of a future-ready economy.