Latest Government Support News

Anson Resources has locked in a substantial $194 million business incentive from the Utah Inland Port Authority to support its Green River Lithium Project, underpinning the financing of its planned 10,000tpa lithium carbonate plant.

Tali Resources has initiated diamond drilling at its Khya prospect, aiming to test significant copper-gold and critical minerals anomalies within the Lake Mackay Fault Zone, backed by a $270,000 government co-funding grant.

St George Mining has launched a pilot plant beneficiation study at its Araxá Project in Brazil, aiming to refine niobium and rare earth recovery ahead of commissioning its own processing facility in early 2027.

Pivotal Metals’ latest metallurgical tests reveal copper recoveries exceeding 90% at the Horden Lake project, alongside robust recoveries of nickel, gold, silver, and palladium. These results underpin the upcoming scoping study and highlight the project’s financing potential through by-product credits.

NOVONIX Limited posted a $24.6 million half-year loss while delivering a critical synthetic graphite sample to Panasonic and reaffirming a 2027 production start. The company raised $21.7 million to fund its North American battery materials expansion amid ongoing U.S. trade and policy developments.

6K Additive surged to a US$13.3 million half-year revenue, up 73% year-on-year, driven by strong demand in its Powder and Alloy segments. The company is on track to nearly quadruple production capacity by the end of 2026, supported by substantial US government funding and a new EXIM loan facility.

International Graphite is advancing Australia’s first commercial graphite micronising plant at Collie, targeting commissioning by mid-2027. The facility promises a diverse range of superfine graphite products and potential annual EBITDA up to AUD 14.2 million based on current market conditions.

Viva Energy posted a robust half-year profit of $452 million, powered by soaring refining margins and resilient retail and industrial sales, while managing a significant fire at its Geelong Refinery.

Sierra Nevada Gold’s initial drilling at As Safra in Saudi Arabia reveals a substantial copper mineralised system over 800m strike, with multiple mineralisation styles and a vast district-scale potential. A major Phase 2 drilling campaign is set to commence within six weeks.

Elevra Lithium has secured a binding seven-year supply agreement with Mangrove Lithium for spodumene concentrate from its North American Lithium site, anchoring a key feedstock for Mangrove’s planned Canadian lithium conversion facility.

Western Gold Resources has lifted the Gold Duke Project’s Mineral Resource to 277,000 ounces of gold, marking a 29% increase in contained gold and a significant jump in resource confidence following extensive drilling.

Lindian Resources confirms Kangankunde Rare Earths Project remains on track for first production in late 2026, with concurrent progress across construction, mining, and operational readiness. The company is expanding its operational footprint internationally and strengthening its team to support the transition from construction to production.