NZ backs critical minerals projects
The New Zealand government announced that two critical minerals projects, Tāiko Critical Minerals’ (NZX: TCM) Barrytown project and WMS Group’s Westland project would receive up to NZ$50 million in funding through the Regional Infrastructure Fund.
“By turning our natural resources into higher value products here in New Zealand, we are creating skilled jobs, strengthening our regional economies and the national economy by adding value to our exported products,” Regional Development and Resources Minister Shane Jones said. “It is clear nations around the world are seeking to secure critical minerals for manufacturing and science. We have those minerals and this government will back our industry to contribute to a diversified and secure critical minerals supply chain.”
Kristie Batten
Kristie is an award-winning journalist with over 17 years of experience covering the mining industry. She is a regular contributor to a number of leading global mining publications and is a member of the steering committee of the Melbourne Mining Club.
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