Global Trade Alert
Global Trade Alert

Australia: DeGrussa Copper Mine receives AUD 35.9 million from governmental institutions

Announcement

01 Dec 2015

The Australian government-funded Clean Energy Finance Corporation and the Australian Renewable Energy Agency allocated a total of AUD 35.9 million to DeGrussa Copper Mine to finance largest integrated off-grid solar and battery storage facility in Australia.

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Number of interventions

3

2 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

01 Dec 2015

Revocation date:

No revocation date

Updated: 01 Dec 2015
Local value added incentive In force
<p>The Clean Energy Finance Corporation financing is subject to the Australian Industry Participation (AIP) policy. This framework states that all programs enclosed in this policy must encourage...
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Implementation date

01 Dec 2015

Revocation date:

No revocation date

Updated: 01 Dec 2015
Financial grant In force
<p>Also on 1&nbsp;December 2015, the Australian Renewable Energy Agency (ARENA) allocated AUD&nbsp;20.9 million (USD 15 million) grant to DeGrussa Copper Mine to support the development ...
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Updated: 01 Dec 2015
State loan In force
<p>On 1&nbsp;December 2015, the Clean Energy Finance Corporation (CEFC) of Australia announced the allocation of AUD 15 million (circa USD 11 million) to&nbsp;DeGrussa Copper Mine to hel...
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