Australia provides a $375m loan to Alpha HPA and Renascor Resources for critical mineral development supporting green energy transition.
Australia lends $375m to critical mineral firms for green transition. The government will provide A$585m ($375m) in loans to two critical mineral developers, Alpha HPA and Renascor Resources, as it seeks to establish a domestic industry for materials key to green energy transition. The loan to Alpha HPA will be used to construct Australia's first high-purity alumina processing facility in Queensland, supporting the green energy transition and creating jobs in the industry.
April 16, 2024
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