Critical minerals
We are growing our critical minerals sector to make Australia a world-leading producer of raw and processed critical minerals. Find investment opportunities, funding and initiatives.
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Critical Minerals Development Program (CMDP)
Critical Minerals Development Program grants support early and mid-stage critical minerals projects. The current round will provide up to $50 million over 3 years for competitive grants to support early and mid-stage critical minerals projects.
The Critical Minerals Development Program will:
- help grow Australia’s Critical Minerals industry
- support Australia’s transition to net zero emissions
- support economic development and jobs in regional communities.
Businesses and state or territory governments can apply for a co-funded grant of up to $30 million.
Grants can be used for feasibility studies, engineering design work, and building pilot or demonstration facilities amongst other activities.
Critical Minerals Office
We provide national policy and strategic advice and facilitation services for industry to grow Australia’s critical minerals industry.
National Reconstruction Fund (NRF)
The National Reconstruction Fund (NRF) will provide finance for projects that diversify and transform Australia’s industry and economy.
Priority areas
The Australian Government established the National Reconstruction Fund Corporation (NRFC) to support 7 priority areas:
- value-add in resources
- value-add in agriculture, forestry and fisheries
- transport
- medical science
- renewables and low emission technologies
- defence capability
- enabling capabilities.
The NRFC will provide finance in the form of debt, equity and guarantees to support Australian projects that drive high-value industry transformation.