Global Trade Alert
Global Trade Alert

Australia: Government allocates AUD 22 million to Lynas Rare Earths Apatite Leach Circuit

Announcement

24 Aug 2022

In August 2022, the Australian government approved a financial grant worth AUD 22 million (approx. USD 15.2 million) to Lynas Rare Earths Limited. The Australian government first published the grant approval on 15 June 2023.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

24 Aug 2022

Revocation date:

No revocation date

Financial grant In force

On 24 August 2022, the Australian government approved a financial grant of AUD 22 million (approx. USD 15.2 million) for Lynas Rare Earths Limited. The purpose of the grant is to implement the Apatite...

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