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By Shane Lasley
Metal Tech News 

Australia backs critical minerals sector

AU$2 billion loan facility to solidify AU as leading supplier Metal Tech News - October 1, 2021

 

Last updated 7/12/2022 at 1:10pm

Australia critical minerals loan facility Scott Morrison 2 billion fund federal

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An AU$2 billion lending facility being established by the Morrison government will be an important pillar of Australia's overarching strategy to be a global supplier of critical minerals.

Seeking to solidify Australia as a leading supplier of the critical minerals that are increasingly being required for electric vehicles, renewable energy, telecommunications, aerospace, defense, and other advanced technologies, the federal government is establishing an AU$2 billion (US$1.44 billion) loan facility for Australian mining projects poised to deliver these vital materials to global m...



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