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Global Trade Alert

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Australia: Government allocates AUD 22 million to Lynas Rare Earths Apatite Leach Circuit

Description

On 24 August 2022, the Australian government approved a financial grant of AUD 22 million (approx. USD 15.2 million) for Lynas Rare Earths Limited. The purpose of the grant is to implement the Apatite...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

24 Aug 2022

Revocation date

No revocation date

Implementation level

National

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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