Global Trade Alert
Global Trade Alert

Australia: Government invests AUD 24 million towards local battery manufacturers

Announcement

01 Aug 2023

On 1 August 2023, the Queensland government announced an AUD 24 million investment towards firms engaged in the development of iron and zinc flow batteries.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Aug 2023

Revocation date:

No revocation date

Updated: 01 Aug 2023
State aid, unspecified In force

On 1 August 2023, the Queensland government announced an investment of AUD 24 million (approx. USD 16.3 million) in support of local manufacturers of iron and zinc flow batteries. According to the ...

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