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The Federal Government’s Valentine Day’s gift was the announcement of new Critical Minerals grant program. As with last year’s Critical Minerals Development Program, we are anticipating high levels of demand for this funding so swift action is a must.
Please share this Grant Alert with any of your clients between the post-exploration and final investment decision stages of the project lifecycle. There is a strong focus on processing and value adding and funding can support a range of activities as outlined in the below Grant Alert.
Rebecca, Stephanie, and I are ready to support client conversations, please reach out if relevant to your clients.
What's it for?
The program is targeted at early to mid-stage critical minerals projects undertaking activities between the post-exploration and final investment decision stages of the project lifecycle. Project must contribute to building supply chains with Australia’s international partners in the critical minerals sector. Project activities must be substantially undertaken in Australia and produce or are planning to produce critical mineral(s) as listed in Australia’s Critical Minerals List. Activities to be funded include pilot plants, feasibility studies, capacity expansions, scoping work for infrastructure upgrades and research and development (R&D) collaboration.
How much is available?
Grants between $2 million and $20 million are available to cover up to 50% of eligible expenditure. The total funding pool is $40 million
Who can apply?
Entities incorporated in Australia that are also a trading corporation; or incorporated trustee on behalf of a trust undertaking trading activities. Applicants must be able to prove the support from their international project partners.
When are applications due for the International Partnerships in Critical Minerals?
The fund is open on an on-going basis for a period of up to 2 years. However, demand is anticipated to be high so swift action will be vital.
Search for other Government Grants and Incentives >> or visit the International Partnerships in Critical Minerals grant info >>
Rebecca Barnes
Dr Rebecca Barnes, situated in Adelaide, serves as RSM’s National Grants Manager. Rebecca supports organisations from start-ups to large multinationals to identify and access strategic funding opportunities.
With a thorough knowledge of the Federal and State funding landscape, she provides tailored advice regarding Government grant opportunities and develops compelling funding applications. Get in touch with Rebecca >
Edward Day
Edward Day, based in Perth, is a Senior Manager in RSM’s Government Grants team.
Edward, a seasoned specialist in Government Grants, supports clients in preparing grant applications across various Federal and State Government programs. He offers personalised advice, devises Government funding strategies, and prepares applications for competitive grant programs. Get in touch with Edward >
Stephanie Guiney
Dr Stephanie Guiney, based in Brisbane, is a Senior Analyst in RSM’s Government Grants team.
Stephanie assists clients in the preparation of grant applications under a range of Federal and State Government programs and initiatives to provide tailored advice, craft Government funding strategies, and prepare applications under competitive grant programs. Get in touch with Stephanie >
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