VRX Silica secures $2m government grant
VRX Silica secures $2m government grant VRX Silica (ASX:VRX) has secured a $2m grant from the Western Australian State Government’s Investment Attraction Fund (IAF). The IAF is part of the Sate Government’s Diversify WA initiative, a collaboration between government, industry and the community supporting the focus on creating secure, quality jobs, growing and diversifying the economy and attracting new investment. The grant is being awarded on a matched funding, dollar for dollar basis, where IAF will provide a financial contribution to VRX, up to $2m. VRX will use the grant for test work and construction of a pilot plant for the high purity quartz flour project. The company intends to develop a high purity...