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Global Trade Alert

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Australia: Government announces USD 533 million funding for Arafula Rare Earths Limited

Description

On 14 March 2024, the Northern Australia Infrastructure Facility (NAIF) announced funding in the form of a cost overrun facility worth USD 33 million to Arafura Rare Earths Ltd. The funding is expecte...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

14 Mar 2024

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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