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Global Trade Alert

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Australia: NAIF allocates AUD 140 million to Hastings' Yangibana Rare Earth Minerals Project

Description

On 2 February 2022, the Australian government-funded Northern Australia Infrastructure Facility (NAIF) approved a loan of AUD 140 million (USD 99.7 million) to Hastings Technology Metals Limited, an A...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

02 Feb 2022

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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