Global Trade Alert
Global Trade Alert

Australia: NAIF allocates AUD 140 million to Hastings' Yangibana Rare Earth Minerals Project

Announcement

02 Feb 2022

On 2 February 2022, the Northern Australian government-funded Northern Australia Infrastructure Facility (NAIF) allocated AUD 140 million to Hasting's Yangibana Rare Earth Minerals Project.

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Number of interventions

2

1 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

02 Feb 2022

Revocation date:

No revocation date

Updated: 02 Feb 2022
Local value added incentive In force
<p>On 2 February 2022, the Northern Australian Infrastructure Facility (NAIF) approved financing&nbsp;for a rare earths mineral project&nbsp;that is subject to local content requirements...
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Implementation date

02 Feb 2022

Revocation date:

No revocation date

Updated: 02 Feb 2022
State loan In force
<p>On 2 February 2022, the&nbsp;Australian government-funded Northern Australia Infrastructure Facility (NAIF) approved a loan of AUD 140 million (USD 99.7 million) to Hastings Technology Me...
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