Latest Australian Government Grants News

Renascor Resources has begun processing graphite through its hydrofluoric acid-free purification flowsheet at its Adelaide demonstration plant, marking a key milestone in its sustainable battery materials strategy.

International Graphite Limited (ASX: IG6) has raised $4 million to fast-track its graphite processing ventures in Europe and Western Australia, supported by a UK critical minerals fund and existing shareholders.

Vintage Energy has locked in $5 million in South Australian government grants to co-fund drilling two new gas wells, aiming to boost output from the Southern Flank projects in the Cooper Basin.

Aurora Labs has landed a $1 million Australian Government grant, matched dollar-for-dollar, to boost production of its micro gas turbine propulsion systems for defence applications using commercial 3D printing technology.

EMVision is broadening its emu™ Pivotal Trial to include acute ischaemia detection, aiming to accelerate FDA clearance and enhance the brain scanner's clinical impact. Recruitment has passed 125 patients across US and Australian sites, with full enrolment expected by early 2027.

Boab Metals has secured a A$236 million syndicated loan and final regulatory approvals, accelerating construction at its Sorby Hills Silver-Lead-Zinc Project with production on track for H2 2027.

Bass Oil’s March quarter saw a 13% production dip due to Cooper Basin rains but secured key gas field acquisitions, a $3.5 million grant, and completed a $3 million capital raise.

Bass Oil’s March production faced Cooper Basin setbacks from heavy rains and storage limits, but trucking resumed in April with strong prices. Indonesian output remained steady with a sharp 47% price rise. The company is progressing its Vanessa gas field acquisition and Kiwi development with government backing.

Metgasco has ended its asset sale agreement with Vintage Energy after funding conditions were unmet, signaling a strategic pivot amid ongoing exploration and recapitalisation efforts.

Vintage Energy has launched a $2.1 million equity entitlement offer to fund drilling two new gas wells, supported by a South Australian government grant, and to advance oil exploration in the Cooper Basin.

Vintage Energy launches a $2.1 million entitlement offer to fund critical oil prospect evaluations and install a permanent connection to the Odin gas field, aiming to cut operating costs and advance drilling plans.

Vintage Energy has secured an extension on its $10 million loan facility with PURE Asset Management, providing financial flexibility to advance drilling and joint venture plans at its Southern Flank gas projects.