Date Time
NT critical minerals projects charging ahead
Joint media release with the Minister for Industry, Science and Technology the Hon Karen Andrews MP
The Morrison Government continues to strengthen the nation’s critical minerals sector, with support for two large job creating projects in the Northern Territory.
Major Project Status has been granted to the Finniss Lithium Mine Project and the Mount Peake Vanadium, Titanium and Iron Mine and Processing Facility.
The Mount Peake project will see a mine site established about 235kms north of Alice Springs and a facility set up in Darwin to produce and process vanadium, titanium and iron. This will create up to 1,600 jobs during construction and up to 1000 ongoing jobs during operation.
$30M grants program to support local manufacturing
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EcoGraf Ltd has major project status approved by Federal Government
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Source: Prime Minister of Australia
The Morrison Government is leveraging Australia’s world-leading critical mineral and resources sector to create more jobs and economic opportunities for manufacturing businesses with the release of a new ten year plan.
The Resources Technology and Critical Minerals Processing road map shows how businesses can capitalise on Australia’s access to resources, which will be needed to manufacture many new technologies.
Applications under the Government’s $1.3 billion Modern Manufacturing Initiative also opened today to projects in the priority area, to help manufacturers scale-up production, commercialise products and tap into global supply chains.
Prime Minister Scott Morrison said the Government was focused on continuing to rebuild and grow the economy, with manufacturing playing a key role in the COVID-19 recovery.