Dubbo Project awarded grant funding of $6.5 million from Australian Government

ASM’s Dubbo Project has been awarded grant funding of $6.5 million under Tranche 2 of the Australian Government’s Critical Minerals Development Program (CMDP).

Subject to the execution of binding documentation, the funding will be received to progress the Dubbo Project’s EPC Definition activities with respect to non-process infrastructure.

This exciting news was announced by the Federal Minister for Resources, the Hon Madeleine King MP.

ASM’s Rowena Smith responded, saying:

ASM is grateful to receive this generous support from the Australian Government for our rare earths and critical minerals Dubbo Project. As part of our commitment to strong ESG performance, this funding will allow us to optimise the final design of the Project’s carbon, water and residue management.

This is another exciting step for our Dubbo Project, as we build our global mine to metals business and look to bring new jobs and opportunities to the people of Dubbo and the region.