Latest Government Grants News

AIC Mines reported a strong March quarter with Eloise copper production exceeding guidance at lower costs amid steady progress on its processing plant expansion and Jericho underground development.

PPK Group’s majority-owned PowerPlus Energy has won a $2.3 million ARENA grant to scale up its Melbourne battery pack manufacturing, aiming to triple production capacity to 150 MWh annually over two years.

Strategic Energy Resources has locked in a binding joint venture with Sumitomo Metal Mining Oceania to explore its Bulimba Gold Project in northeast Queensland, with Sumitomo able to earn up to 90% through staged commitments over five years.

Delorean Corporation has approved the Final Investment Decision for its 100% owned NSW1 Horsley Park Bioenergy Facility, supported by $30.5 million in grants. Construction is planned to start in Q3 2026, pending the securing of $31.6 million in additional funding.

Energy Transition Minerals Ltd (ASX:ETM) has obtained Foreign Direct Investment approval from the Spanish Government, a key regulatory milestone enabling the completion of its acquisition of the Penouta Tin-Tantalum Mine in Spain. The company anticipates finalising the acquisition this quarter, pending mining licence transfers.

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.

AIC Mines has launched an ambitious 2026 drilling campaign targeting 12 prospects near its Eloise copper mine, aiming to uncover transformational copper and gold deposits to boost production.

Hammer Metals has identified multiple drill-ready copper-gold and lead-zinc targets at Mount Isa, including a high-priority SEDEX-style prospect at Kalman West backed by a $176,000 grant, and a newly defined gold anomaly at Keyser. A 3,000m drilling campaign is planned to kick off in April 2026.

Killi Resources has completed surface sampling at its Mt Rawdon West Project, revealing a significant gold-copper-molybdenum breccia linked to a large subvolcanic intrusive centre. Assay results expected in May will shape upcoming drilling plans.

Tartana Minerals has unveiled an expanded 21,000-metre drilling program across its Chillagoe portfolio, targeting a suite of critical and strategic minerals with a focus on resource upgrades and maiden estimates.

Hammer Metals has won two Queensland Government grants worth $336,000 to advance deep drilling and geophysical surveys at its Mount Isa projects, aiming to unlock new critical mineral deposits.

Killi Resources has won a Queensland Government grant to co-fund drilling at its Mt Rawdon West copper-gold project, targeting a compelling porphyry system. The planned drilling aims to test significant geochemical and geophysical anomalies in the Baloo prospect.