Australia: The Australian government announces an AUD 2 billion allocation supporting the critical raw materials sector

Announcement

25 Oct 2023

In October 2023, the Australian government announced an allocation of AUD 2 billion towards the Critical Materials Facility.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

25 Oct 2023

Revocation date:

11 Jan 2026

Updated: 25 Oct 2023

State aid, unspecified

Recent update from 12 Jan 2026:

On 12 January 2026, the Australian Government, through the Department of Industry, Science and Resources, announced an increase in Critical Minerals Facility budget from AUD 4 billion to AUD 5.2 bi...

Related State Acts

24 Apr 2025

Australia: Government increases Critical Minerals Facility budget to AUD 5.2 billion

28 Sep 2021

Australia: Government creates AUD 2 billion Critical Minerals Facility

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