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Global Trade Alert

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Australia: NAIF invests AUD 175 million in Pembroke Resources’ Olive Downs Coking Coal Project

Description

On July 1st, 2021, the Australian Government-funded Northern Australia Infrastructure Facility (NAIF) approved a loan of AUD 175 million (USD 131 million) to Pembroke Resources, an acquirer and develo...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jul 2021

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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