Latest Government Incentives News

Venus Metals Corporation’s subsidiary Redscope has won a $52,500 grant from the WA Government to co-fund diamond drilling at the Pincher Copper Project, targeting a significant geophysical anomaly. Drilling is set to begin in June 2025, advancing exploration of a promising volcanogenic massive sulphide system.

Australian Strategic Materials (ASM) outlines progress on its Korean Metals Plant ramp-up, strategic plans for a US metals facility, and conditional funding support for the Dubbo Project, reinforcing its mine-to-metals supply chain ambitions.

Winsome Resources navigates lithium market headwinds by optimizing capital, progressing the Adina Lithium Project’s regulatory and feasibility milestones, and expanding its strategic footprint with a high-grade cesium-lithium discovery and extended Renard acquisition option.

Tambourah Metals reports promising gold assay results from its Tambourah King drilling program and secures shareholder approval for a strategic acquisition targeting critical minerals at Speewah Nth.

NOVONIX has signed a definitive agreement to acquire a large parcel in Chattanooga for a new synthetic graphite facility, significantly boosting its production capacity and local employment.

Hamelin Gold Limited advances its Western Australia gold exploration with co-funded drilling programs at Fremlins South and Jazz prospects, while completing a significant $2.8 million capital raise to fuel further activity.

Pantera Lithium has identified six high-priority drilling locations for its Smackover Lithium Brine Project, supported by promising Arkansas legislation offering fiscal and regulatory incentives that could reshape the project's economics.

ReNerve Limited reported a 39% sales increase in Q3 FY25 alongside compelling clinical validation of its NervAlign® Nerve Cuff and strategic international partnerships, positioning the company for broader market penetration.

Iondrive Limited confirms strong financial metrics for its proprietary DES battery recycling technology, progressing pilot plant development and divesting exploration assets to sharpen focus on commercialisation.

Syrah Resources reports a strategic pause at its Balama graphite mine while advancing production at its Vidalia AAM facility, navigating evolving US trade policies and strong EV-driven demand. The company’s integrated ex-China supply chain and ESG credentials position it for growth despite near-term operational headwinds.

Zelira Therapeutics has received a $1.15 million cash refund from the Australian Government’s R&D Tax Incentive Scheme, bolstering its working capital to advance clinical development and business operations.

Echo IQ has secured a $1.26 million refund under the Australian Government's R&D Tax Incentive, reinforcing its commitment to AI-driven solutions for structural heart disease detection.