Global Trade Alert
Global Trade Alert

Australia: NAIF allocates AUD 150 million state loan towards the Hemi Gold Project

Announcement

26 Aug 2024

On 26 August 2024, the Northern Australia Infrastructure Facility announced an AUD 150 million loan for the Hemi Gold Project.

Source

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Number of interventions

2

1 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

26 Aug 2024

Revocation date:

No revocation date

Announced: 26 Aug 2024
Local value added incentive In force
On 26 August 2024, the Northern Australia Infrastructure Facility (NAIF) announced that it had approved financial support towards De Grey Mining to aid the firm's development of mining and processing ...
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Implementation date

26 Aug 2024

Revocation date:

No revocation date

Announced: 26 Aug 2024
State loan In force
On 26 August 2024, the Northern Australian Infrastructure Facility (NAIF) announced a loan worth AUD 150 million (approx. USD 101.6 million) to De Grey Mining for the firm's Hemi Gold Project. The fun...
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