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Australia Lends $375m to Sydney-Listed Critical Mineral Firms [Yahoo! Finance]
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Most Read from Bloomberg US Yields Spike as Hawkish Powell Puts 5% in Play: Markets Wrap Dubai Grinds to Standstill as Cloud Seeding Worsens Flooding China Tells Iran Cooperation Will Last After Attack on Israel What If Fed Rate Hikes Are Actually Sparking US Economic Boom? Powell Signals Rate-Cut Delay After Run of Inflation Surprises Australia's Alpha HPA will receive a A$400 million loan to construct the country's first high-purity alumina processing facility in the state of Queensland, financed via the government's A$4 billion critical minerals facility. At the same time, a A$185 million loan for Renascor Resources will be fast-tracked to help advance stage one of its Siviour Graphite Project in South Australia. The loan was previously approved in February 2022. “The global race for new jobs and new opportunities is on. Our government wants Australia to be in it to win it,” Prime Minister Anthony Albanese said in a statement. “These two critical minerals projects
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