Explorers invited to stake their claim in $2.8 million
Mineral explorers are being invited to stake their claim in $2.8 million worth of grants to find the minerals needed to meet the demands of the world’s technology and renewable sectors.
The latest round of the Collaborative Exploration Initiative grants is now open.This round of funding has been bolstered to meet the forecast demand for new economy minerals and contribute to the economic recovery post COVID-19. Mineral exploration will lead to the next generation of mining projects, and these grants are in place to put Queensland’s industry on the front foot.
Explorers have the chance to apply for direct grants of up to $200,000 to help drive innovative ways to make new discoveries.
Demand for the next generation of minerals is already being driven by emerging technologies such as electric vehicles, renewable energy products, low-emission power sources, consumer devices, and products for the medical, defence and scientific research sectors.
As the adoption of these emerging technologies gets bigger – so will the demand for minerals such as silica, cobalt, titanium, lithium, vanadium and many more.
To benefit the resources sector as a whole, data collected from the projects will be made publically available from 1 December 2021 via the Queensland Government’s geoscience data portal.
The last three rounds of the Collaborative Exploration Initiative supported 34 projects across Queensland.
Applications are now open and explorers should submit proposals by 31 May 2020.
Successful candidates will be announced on 15 July 2020.
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Last updated 6 May 2020