COB are well placed to receive significant funding for the next...

COB are well placed to receive significant funding for the next stage.

"National road map: Resources Technology & Critical Minerals Processing The Australian Government announced its Resources Technology and Critical Minerals Processing road map on the 4th March 20201. With the launch of the road map, businesses in the critical minerals processing and resources technology sectors are able to apply for comatched grant funding under the $1.3B Modern Manufacturing Initiative(MMI). Project proponents will have four weeks to apply for grants under two of the three (MMI) streams – the Manufacturing Translation stream and Manufacturing Integration stream. A total of $140 million in funding is available for this first round across all six National Manufacturing Priorities, with further funding to be available in future rounds. Applications are open until 5pm AEDT 1 April 2021. A third funding stream – the Manufacturing Collaboration stream – will open later this year. This stream will be designed to support major projects. "