Sourcing the minerals and metals of the future

Applications are now open for the first round of a new fund set to turbocharge the critical minerals and high-tech metals sector and position regional NSW as a major global supplier.

Member for the Dubbo electorate Dugald Saunders said the Critical Minerals and High-Tech Metals Activation Fund would help diversify and accelerate mining projects in regional NSW.

“Our region is rich in critical minerals and high-tech metals, such as rare earths, cobalt, copper, antimony, and scandium, which are crucial to a range of emerging technologies including the defence space, the manufacture of electric vehicles, solar panels, and wind turbines,” Mr Saunders said.

“These future industries presents challenges but they also present a lot of opportunities for our region, and it’s vital we capitalise on them.”

Deputy Premier and Minister for Regional NSW Paul Toole said the NSW Government is investing more than $130 million towards the growth and future of the mining sector.

“It will help deliver a diverse, vibrant, investment-ready industry, ensuring NSW is ready to meet the rapidly expanding global market and giving a vital economic boost to our regional economies,” Mr Toole said.

“To give projects the best possible start, grants of up to $500,000 will support key studies, research and development, such as feasibility studies, mine re-use processing studies, metallurgical testing and infrastructure, water, and environmental studies.”

Grants will be awarded through a competitive process and successful applicants will be required to provide a funding co-contribution.

For further information on the Critical Minerals and High-Tech Metals Activation Fund, including program guidelines and eligibility criteria, go to

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