War Dept. Invests $174M to Secure Gallium Supply Chain
The US War Department has announced an estimated US$174m equity investment, partnering with Export Finance Australia, Japan and Sojitz, to build a gallium plant at Alcoa's Wagerup refinery.
Government · 1 deal
Every published round Export Finance Australia took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| PsiQuantum | Grant | Apr 2024 | $940m | Participant | Startup Daily (25 Aug 2026), Startup Daily (21 May 2026), Startup Daily (9 Dec 2025), Startup Daily (24 Mar 2025), Forbes Australia (25 Jul 2024), Forbes Australia (13 Jun 2024), Startup Daily (4 Jun 2024), Startup Daily (14 May 2024) |
Companies Export Finance Australia has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| PsiQuantum | Quantum computing company establishing APAC HQ in Brisbane | Apr 2024, Grant | 1 | 0 |
Fund closes reported for Export Finance Australia, as distinct from the investments it has made.
Companies Export Finance Australia has backed that another company then bought. An exit for the holding, not a deal Export Finance Australia did.
Stories naming Export Finance Australia. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
The US War Department has announced an estimated US$174m equity investment, partnering with Export Finance Australia, Japan and Sojitz, to build a gallium plant at Alcoa's Wagerup refinery.
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