Deadline: 31-Oct-22
The NSW Government is currently seeking applications for its Critical Minerals and High-Tech Metals Activation Fund – Stream 2 to support the development of the critical minerals and high-tech metals sector to activate projects across the mining and downstream processing value chain.
Objectives
- The Critical Mineral and High-Tech Metals Activation Fund will drive investment and activation of critical minerals and high-tech metals projects across the supply chain in NSW.
- Stream 2 – Enabling Project Infrastructure
- Funding for key infrastructure needed to develop investment-ready projects nearing construction and operation and to support downstream mineral processing.
- This stream aims to:
- accelerate the development of advanced critical minerals infrastructure projects
- deliver project infrastructure required for operations
- reduce project risk for private investment into the sector.
- Stream 2 – Enabling Project Infrastructure is a competitive process which aims to co-fund strategic infrastructure in the critical minerals and high-tech metals sector that is needed to:
- expedite the development of investment-ready projects nearing construction and operation
- address infrastructure blockages with potential multi-user benefits
- support the delivery of key infrastructure needed to accelerate the industry in regional NSW.
- This program is administered by Department of Regional NSW.
Funding Information
- Grant amount: From $2,000,000 to $10,000,000.
Eligibility Criteria
- To be eligible to receive funding, applicants must:
- have an Australian Business Number (ABN)
- be one of the following:
- a company incorporated in Australia
- a company limited by a guarantee
- an incorporated trustee on behalf of a corporate trust
- an incorporated association or co-operative
- a publicly funded research organisation (being a Table A provider or Table B provider under the Higher Education Support Act 2003 (Cth) launch
- corporate Commonwealth entities, and State and Territory business enterprises which undertake publicly funded research
- an Aboriginal and/or Torres Strait Islander Corporation registered under the Corporations (Aboriginal and Torres Strait Islander) Act 2006.
- be registered for GST
- operate, or be developing a mineral project within the critical minerals and high-tech metals industry, or as part of the critical minerals/high-tech metals supply chain.
- demonstrate financial and technical capacity to deliver the proposed infrastructure project
- provide evidence of $20 million Public Liability Insurance or confirmation that a Public Liability Insurance Policy of at least $20 million will be taken out prior to the execution of the Funding Deed.
Who can’t apply?
- Ineligible applicants include:
- local councils or their Section 355 Committees
- joint Organisations of Councils
- Australian or NSW Government Departments
- sole traders or individuals
- unincorporated associations
- businesses that are insolvent.
- The Department, at its sole discretion, may take other factors into account to determine that an applicant is ineligible for funding, for example:
- poor past performance of the applicant or key project personnel
- the applicant or their business activity could cause reputational or other risk to the NSW Government.
For more information, visit https://www.nsw.gov.au/grants-and-funding/critical-minerals-stream-2
