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Critical minerals mining

Critical Minerals Development Program

  • Applications Open: until 20 February, 2023
  • Grants: $1 million – $30 million

The $50 million Critical Minerals Development Program provides support for projects that aim to reinforce Australia’s sovereign capabilities in critical minerals.

Key Requirements

Application Requirements:

  • for projects producing or planning to produce critical mineral(s) as listed in Australia’s Critical Minerals Strategy that are in the early to mid-stages of development; including those activities undertaken post-exploration and before final investment decision
  • project activities are substantially undertaken in Australia
  • evidence from your board (or chief executive officer or equivalent if there is no board) that the project is supported, and that you can complete the project and meet the costs of the project not covered by grant funding
  • evidence of your capability to provide your share of project costs (such as a funding plan that details where and how you will source funding, balance sheets, evidence of past successful capital raising, evidence of engaging credible commercial advisors)
  • all mandatory attachments.

What is eligible for funding?

To be eligible your activities must:

  •  relate directly to the project
  • be between the post-exploration and final investment decision stages
  • accelerate development and/or processing of your critical minerals resource
  • be appropriate to the stage of your project
  • have at least $2 million in eligible expenditure.

Eligible activities may include:

  • business cases, feasibility studies, technical assessments, flowsheet design, engineering, and technical work for early stage projects
  • pilot and/or demonstration projects and FEED studies for mid-stage projects
  • commercialisation of technology and IP that benefits the sector
  • integrating critical mineral processing technologies that support net-zero emissions by 2050
  • development of downstream manufacturing capability.

What companies are eligible for funding?

To be eligible you must:

  • have an Australian Business Number (ABN)
  • have an Australian Company Number (ACN)
  • be non-income-tax-exempt
  • be registered for the Goods and Services Tax (GST)

and be one of the following entities:

  • an entity incorporated in Australia and a trading corporation, where your trading activities
  • form a sufficiently significant proportion of the corporation’s overall activities as to merit it being described as a trading corporation; or
  • are a substantial and not merely peripheral activity of the corporation
  • an incorporated trustee on behalf of a trust where your trading activities
  • form a sufficiently significant proportion of the corporation’s overall activities as to merit it being described as a trading corporation; or
  • are a substantial and not merely peripheral activity of the corporation

or

  • have an Australian Business Number (ABN)

and be

  • an Australian State/Territory Government agency or body.

Is this grant competitive or entitlement based?

Entitlement. Applications are assessed against eligibility criteria.

How can Avant Group help?

When you’re a business owner, you may not have time to work through the red tape and audits required to apply for government grants.

Avant Group is your partner for grant success! We take all the hassle out of the entire grant application process from working through the red tape, writing the application and managing audit and reporting requirements – so you can focus on running your business.

Success Only Fees

Avant Group works on a Success Only Fee basis.

We also offer:

  • All AusIndustry auditing management included at no additional cost
  • Hands on technical project management covering application writing and administration aspects
  • A highly skilled advisory team with consultants from engineering, marketing and finance disciplines
  • Government accreditation
  • A dedicated account manager who will work with you every step of the way with your grant application

Want to know more? Contact us for an obligation-free assessment of your eligibility.