Australian critical minerals projects receive grants miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
Queensland Pacific Metals Ltd (ASX:QPM) is trading higher after being awarded a $5 million grant from the Australian Federal Government under the Critical.
The federal government has approved nearly A$50-million in a second round of grants to accelerate the development of 13 critical minerals projects, which Resources Minister Madeleine King said would help to diversify supply chains, build domestic downstream processing and support new jobs and regional development.
King said the projects would speed up development of Australia’s critical minerals sector and help Australia and export partners lower emissions and meet net-zero commitments by 2050.