Ledger. Australian venture funding, tracked

Company

Liontown Resources

Lithium miner also supplying the EV industry

Coverage

Stories naming Liontown Resources. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

4 deals

Australia's richest anti-renewables campaigner backs giant mine selling rare earths for wind turbines

Arafura, partly owned by renewables critic Gina Rinehart, has finalised financing for its Northern Territory rare earths mine, with $1.2 billion in government support and wind turbine and EV makers as customers.

Unnamed stage ~$1.2b

Australia's richest anti-renewables campaigner backs giant mine selling rare earths for wind turbines

Arafura Rare Earths, part-owned by renewables critic Gina Rinehart, has locked in financing for its Nolans project, drawing roughly $1.2 billion in Australian and German government support despite her anti-net-zero campaigning.

Unnamed stage $7.5m

Manufacturing news briefs – stories you might have missed

AuManufacturing roundup of brief industry news: Wide Open Agriculture banks a $7.5 million raise, Liontown adds a lithium offtake partner, Osteopore signs Zimmer Biomet for distribution, plus quantum, defence, rail and recycling items.

2 deals

Rinehart-backed lithium and rare earths projects rake in more than $1 billion in federal funding

Canberra announces up to $840m for Arafura's Northern Territory rare earths project, while Liontown secures $550m in bank debt for its Kathleen Valley mine, with CEFC and Export Finance Australia among lenders.

6 deals

State and federal support key to Australia becoming a critical minerals super power

Climate Energy Finance analysts review Australian federal and state programs backing critical minerals projects, covering government grants, low-cost loans, new budget funds and the private equity raises and debt facilities they catalysed.

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