Latest State Incentives News

Power Minerals has secured priority-project treatment from Minas Gerais for its Morro do Ferro rare earths project, directing future licensing through a specialised state pathway. The agreement improves institutional access but stops well short of environmental approval, project finance or a construction timetable.

Lithium Universe’s Pre-Feasibility Study for its Brownsville Lithium Carbonate Refinery reveals robust economics and strategic US positioning, aiming to close North America’s lithium conversion gap.

Anson Resources has confirmed a 2,500-metre extension of uranium-vanadium mineralization at its Yellow Cat Project in Utah, with assay results indicating proximity to high-grade zones. Phase 2 drilling and environmental surveys are underway to upgrade a historical resource to JORC 2012 standards.

Iondrive Limited has gained a significant boost from the Oklahoma Department of Commerce, receiving a Letter of Support and potential incentives valued at over US$15 million for scaling its rare earth recycling modules in the US.

Centaurus Metals’ Jaguar Nickel Sulphide Project in Brazil gains substantial Pará State tax incentives, including full exemptions and reductions on key operational costs, enhancing the project’s economic outlook ahead of a planned investment decision.

Janus Electric has unveiled a comprehensive growth strategy targeting over 1,600 electrified heavy trucks by FY29, leveraging its unique retrofit and battery swap technology across multiple international markets.