Tag: Funding

In the lead up to the 2022 Federal election, Prime Minister Scott Morrison has committed to boosting Western Australia’s status as a global resources and energy powerhouse by investing in regional areas, growing export opportunities and creating more jobs to build a strong economy for a stronger future. During an election stop-over in WA, the Prime Minister announced two new hydrogen hubs will be created in the Pilbara and Kwinana (Perth) and will receive $140 million, as well $6 million to investigate two new development projects in Western Australia, creating more than 3,600 jobs, and $67 million to develop two carbon capture and storage hubs and support the appraisal of a third potential storage site in WA. The Prime Minister…

Australian Vanadium Limited (ASX: AVL) has been awarded a A$49 million grant under the Australian Government’s Modern Manufacturing Initiative Collaboration Stream towards the development of the Australian Vanadium Project near Meekatharra and Geraldton, to create an Australian green fuelled vanadium industry. Managing Director, Vincent Algar, said the Project, supported by the grant, enables new critical mineral production through the establishment of an integrated onshore Australian vanadium supply chain for steel and battery markets. “AVL is delighted to have been awarded this grant from the Australian Government. Our project will create hundreds of jobs in Australia and help to build the critical vanadium industry both locally and internationally,” Mr Algar said. “We have developed an innovative and collaborative approach to building…