$400 Million Committed to Critical Minerals Initiatives in Queensland

The Albanese Government has announced its steadfast support for two significant critical minerals initiatives, set to unfold in Queensland and South Australia. This strategic backing is poised to foster the development of indispensable elements vital for Australia’s future prosperity, announcing a wave of employment opportunities. “These two critical minerals projects will help secure good and secure jobs in manufacturing, and clean, reliable energy.” Prime Minister, Anthony Albanese states.

In a landmark move, the government has reserved a substantial sum of $400 million in fresh loans to Alpha HPA, an Australian enterprise, to spearhead the establishment of the country’s premier high-purity alumina processing facility in Queensland. The Alpha HPA endeavour is poised to be a catalyst for economic growth, with an estimated 490 jobs forecasted to emerge during the construction phase, followed by the creation of over 200 permanent positions upon its successful completion. “The global race for new jobs and new opportunities is on. Our Government wants Australia to be in it to win it.”