Processors to receive millions MATTHEW KILLORAN THREE Queensland critical minerals processors will receive multimillion-dollar grants to help them further refine and build products locally. Resources Minister Keith Pitt will announce $42m in grants to four companies on Thursday, including $15.5m to expand Alpha HPA’s “ultrapure” aluminium chemical plant near Gladstone, in the target seat of Flynn. There will also be $6m for EQ Resources’ tungsten production facility, which is recovering mine waste and reactivating an open-pit mine in Mount Carbine, in the seat of Leichhardt, and $5.24m for Lava Blue to develop technology to recover high-purity alumina, magnesium and other critical minerals from mine waste. “Australia possesses extraordinary reserves of critical minerals crucial to many industries, including medical equipment, defence, aerospace, automotive, new batteries and agritech,” Mr Pitt said. “This initiative will help uncover new sources of supply, moving up the value chain of critical minerals through processing and high-technology manufacturing, supporting robust supply chains, and creating high-paying regional jobs for Australians while improving Australia’s export resilience.”
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