Ledger. Australian venture funding, tracked

Company

Traxys

Commodity trading group

Coverage

Stories naming Traxys. 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.

RenewEconomy 22 May 2026 Arafura Rare EarthsAustralian GovernmentHyundaiInstitute of Public AffairsKiaLiontown ResourcesLynas Rare EarthsOne NationSiemens GamesaTraxysExport Finance AustraliaKFWNational Reconstruction Fund CorporationGina RinehartMartijn WilderPauline Hanson
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.

RenewEconomy 22 May 2026 Arafura Rare EarthsAustralian GovernmentHyundaiInstitute of Public AffairsKiaLiontown ResourcesLynas Rare EarthsOne NationSiemens GamesaTraxysExport Finance AustraliaKFWNational Reconstruction Fund CorporationGina RinehartMartijn WilderPauline Hanson

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