Critical Minerals Mines Must Find Private Capital to Unlock $50m From Govt

Critical minerals mines must find private capital to unlock $50m from Govt

Two West Coast mining companies hope the funding will allow them to increase the value of exports from New Zealand mines

Critical minerals projects to get $50m govt funding

Resources Minister Shane Jones. Photo: RNZ / Mark Papalii Two critical minerals projects on the West Coast are getting up to $50 million from the Crown to co-fund the construction of processing facilities.

Govt commits up to $50m in loans to refine critical minerals

Mining companies Westland Mineral Sands and Taiko Critical Minerals are set to receive up to $50 million in loans from the Regional Infrastructure Fund....

Govt Backs NZ Critical Minerals Processing

Critical minerals are essential for modern economies and technologies, including clean energy systems, advanced manufacturing, electronics, aviation and medical equipment.

New Zealand backs two minerals projects with up to NZ$50 million

New Zealand will provide up to NZ$50-million ($31-million) to two West Coast projects that expand processing capacity for critical minerals used in advanced manufacturing and clean-energy technologies, the government said on Monday. The funding comes as Prime Minister Christopher Luxon's government pushes to double minerals exports to NZ$3-billion by 2035 to help lift economic growth.