Funding our critical minerals industry: A Federal Budget reset opportunity
https://www.pwc.com.au/mining/critical-minerals/funding-our-critical-minerals-industry.html
Last year, $2b was earmarked for a Critical Minerals Facility. To date around $1.5b has been allocated as conditional loans. The current Federal Government has since pledged $1b to a Value-Adding in Resources Fund, which is expected to use similar funding mechanisms as the Critical Minerals Facility, provided as loans, guarantees and equity support. If this is in addition to already committed loans, the current Federal Government will be committing an extra $500m, making a total of $2.5b dedicated to high priority critical minerals projects managed by Export Finance Australia.
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