Latest Government Funding News

Kincora Copper has begun its inaugural basement drilling at the Wongarbon porphyry project, targeting a major gold-copper system supported by NSW government funding and cutting-edge AI technology.

Power Minerals has partnered with Australian tech firm Gega Elements to develop a gallium extraction process from its Santa Anna Project in Brazil, aiming to establish a vertically integrated supply chain amid rising global demand and supply risks.

IperionX rebuffs short seller claims by highlighting robust US government support and accelerating titanium production scale-up in Virginia. The company secures over $59 million in funding and advances critical minerals projects toward commercial readiness.

Red Mountain Mining has secured approval to list on the US OTCQB market, with trading set to begin on November 17, 2025. The move enhances liquidity and positions the company to leverage US government funding for its critical minerals projects.

Lycopodium Limited projects steady growth for FY26 with revenue guidance of $390-$410 million, underpinned by strong project momentum and the strategic SAXUM acquisition expanding its footprint in the Americas.

MyEco Group reveals a strategic pivot towards expanding its MyEco branded products, achieving a 9% sales increase in FY25, and implementing a $2.5 million cost-saving operational restructure aimed at EBITDA breakeven in FY26.

Pantera Lithium has identified seven priority exploration targets at its Gillham Silver-Antimony Project in Arkansas, marking the first modern evaluation of this historic mining district in over a century. The move aligns with growing US strategic focus on critical minerals like antimony and silver.

Dyno Nobel reports a robust FY25 with a 23% rise in EBIT excluding major one-offs, nearing completion of its Fertilisers business separation and setting ambitious new decarbonisation targets.

Elixir Energy’s upcoming Lorelle-3 appraisal well in Queensland’s Taroom Trough has qualified for a substantial federal R&D tax incentive, covering nearly half of its drilling and testing costs. This financial boost underpins the company’s ambitious plans to validate a major gas play in 2026.

Basin Energy has engaged contractors and secured land access to begin maiden drilling at its Sybella-Barkly project, targeting uranium and rare earth elements with government support. The program aims to test district-scale sediment-hosted and paleochannel targets in Queensland.

Locksley Resources has received a non-binding Letter of Interest from the U.S. Export-Import Bank indicating potential financing support of up to US$191 million for its Mojave Project, aligning with U.S. efforts to rebuild domestic critical minerals supply chains.

Infinity Mining has partnered with Orivium Global to deploy a cutting-edge metal recovery technology at its historic Cangai copper project, aiming to transform waste into valuable resources with minimal environmental impact.