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Australia: Government invests AUD 24 million towards local battery manufacturers

Description

On 1 August 2023, the Queensland government announced an investment of AUD 24 million (approx. USD 16.3 million) in support of local manufacturers of iron and zinc flow batteries. According to the Aus...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Aug 2023

Revocation date

No revocation date

Implementation level

Subnational

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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