Government Funding & Incentives

The Federal government has just made another $15 billion available to broaden Australia's domestic industrial base and reduce the nation's dependence on imports

https://www.abc.net.au/news/2023-03-29/federal-government-s-15-billion-manufacturing-fund-passes-senate/102157030

$$$$$ from the "National Reconstruction Fund" will probably not be available for Stage 1 but it could potentially fast track future operations as ADN increases production volumes and breadth of available products including carbon capture/conversion, energy storage, hydrogen storage/transport and water purification

https://hotcopper.com.au/threads/ann-patent-lodged-for-h-k-conversion-to-carbon-materials.6150665/

https://hotcopper.com.au/threads/ann-carbon-capture-from-halloysite-derived-nanomaterials.6002036/

It also might be handy in the future if the Rare Earth (REE) deposits ADN owns directly or via the existing JV with Cobra Resources prove economically viable to dig up

https://hotcopper.com.au/threads/ann-maiden-tiger-kaolin-resource-rare-earth-element-potential.6654644/

https://hotcopper.com.au/threads/ann-clarke-rare-earth-identified-above-gold-mineralisation.6572126/

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In addition, ADN has recently made a submission to the Critical Minerals Facility for funds related to pursuing high purity aluminum (HPA) opportunities HT @newregime

https://www.pwc.com.au/mining/energy-utilities-mining-matters/rd-critical-minerals-industry.html

https://hotcopper.com.au/threads/ann-andromeda-progresses-hpa-strategy.6300515/

^{"Testing results from AEM’s HPA pilot test facility in Canada haveconfirmed Great White halloysite-kaolin as a premium grade feedmaterial for the HPA production process"
"Andromeda supplied feed indicates that approx. 3 tonnes of GreatWhite Feed will produce approx. 1 tonne of 4N or better HPAwhereas the normal ratio is about 10:1"}