Grants in Mining
WA Investment Attraction Fund – New Energies Industries
Up to $15 million or 50% of total project cost
The Investment Attraction Fund (IAF) supports WA-based projects in new energies sectors—including green iron and steel, critical minerals (battery and processing), renewable hydrogen, and carbon capture, utilisation and storage (CCUS)—to diversify the economy, scale up local businesses, and create local jobs.
Powering the Regions Industrial Transformation Stream – Round 3
$500K minimum
The Industrial Transformation Stream (ITS) is designed to support the decarbonisation of existing industrial facilities located in regional Australia. Through targeted funding, the program enables projects that reduce Scope 1 and/or Scope 2 greenhouse gas emissions. This can be achieved through a range of approaches, including electrification, energy efficiency improvements, the integration of renewable energy technologies, fuel switching, and the development of enabling infrastructure such as energy storage and demand management systems.
QLD Collaborative Exploration Initiative – Round 9
$250,000 (individual applications) - $400,000 (joint applications)
The CEI offers merit-based funding to encourage industry investment in under-explored areas of Queensland. It supports innovative exploration techniques and promotes the discovery of future minerals, aiming to enhance the resource industry's success by expanding knowledge of the region's geology and resource potential.
WA Local Capability Fund – Supplying Key Projects Round
$5,000-50,000
The Department of Jobs, Tourism, Science and Innovation has released the Local Capability Fund, which provides grants to help small and medium enterprises to enhance their competitiveness and secure work on large-scale projects in Australia and overseas. The Supplying Key Projects Round is designed to support Western Australian SMEs in enhancing their business capabilities and capacity to supply to major projects undertaken by the Federal, Western Australian and local governments, along with the private sector. The priority sectors for this funding round include energy, mining, civil construction, defence and marine.
WA METS Innovation Program
Up to $250,000
The METS Innovation Program aims to support research initiatives spearheaded by Mining, Equipment, Technology, and Services (METS) companies servicing to WA’s mining sector. With a $3 million funding allocation, the program offers a targeted grant scheme providing matched funding of up to $250,000 for qualifying grant recipients, along with project facilitation support for collaborative ventures. It focuses on advancing technologies in MRIWA’s strategic areas, including low-emissions technologies, precision and low-impact mining, critical minerals, and innovative uses of tailings and waste.
Powering the Regions Fund – Safeguard Transformation Stream R2
$500,000 to $50 million
The Powering the Regions Fund's Safeguard Transformation Stream Round 2 grant offers up to $50 million to trade-exposed facilities, enabling them to decrease emissions and support Australia's emissions reduction goals.
International Partnerships in Critical Minerals Program
$2M - $20M
The International Partnerships in Critical Minerals Program offers funding of up to $20 million to critical minerals businesses, covering 50% of eligible expenditure. It supports early to mid-stage projects contributing to building end-to-end supply chains with Australia's international partners in the critical minerals sector. Aligned with the Australian Government's Critical Minerals Strategy, the program funds activities like pilot plants, feasibility studies, capacity expansions, and R&D collaboration. These activities must mainly occur in Australia and involve producing or planning to produce critical minerals listed in Australia's Critical Minerals List. The grant opportunity will be open for applications for up to 2 years, with ongoing assessment against selection criteria. Successful applications will be recommended for funding based on merit.
Tasmanian Freight Equalisation Scheme
The assistance provided is determined by calculating the variance between the freight expenses incurred for sea transportation and the hypothetical costs for moving the goods by road over an equivalent distance.
The Tasmanian Freight Equalisation Scheme offers financial aid to both businesses and individuals, helping offset the expenses associated with transporting goods via sea routes. It specifically targets eligible non-bulk goods, aiming to level the playing field for Tasmanian industries. Given the geographical constraints that limit interstate transportation options to road or rail, this scheme ensures Tasmanian shippers can compete on par with counterparts in other markets.
Industry Growth Program
$50,000 - $5 million
The Industry Growth Program offers support to innovative small and medium enterprises (SMEs) engaged in commercialisation and/or growth projects within the priority areas of the National Reconstruction Fund (NRF). This program comprises Advisory Services and opportunities for matched grant funding. Businesses that have received Advisory Services through the program are eligible to apply for matched grant funding to enhance their projects.
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