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Global Trade Alert

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Australia: Queensland government announces AUD 20 million investment towards EQ Resources

Description

On 8 May 2024, the Queensland Government announced an investment worth AUD 20 million (approx. USD 13.2 million) to EQ Resources, for the purpose of extending the firm's tungsten mine. The extension i...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

08 May 2024

Revocation date

No revocation date

Implementation level

Subnational

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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