From the smh:
While details of the government’s plan have not yet been released, industry insiders expect the first round of funding to focus on critical minerals, offering a mix of grants as well as production credits for business that enter production - to be redeemed in the form of tax breaks.
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Also recall what DC stated in November 2023:
And the US really has stepped up to it by making grants available to new startup companies. In our case, we have $185 million loan facility from the Australian government. If we had a grant we'd be in construction right now. But the thing about getting loans is you have to pay them back, so that makes you more risk averse.
https://www.minterellison.com/articles/renascor-resources-on-the-critical-minerals-supply-chain
From the smh: While details of the government’s plan have not...
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