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Loans for WA lithium mine operators
Lithium Industry Support Program WA
This program provides temporary interest-free loans to help lithium mine operators sustain their operations.
Open
Closes in
7 days
Closing date: Friday 31 January 2025 Fri 31 Jan 2025
What do you get?
Interest-free loans of up to $15 million for each applicant.
Who is this for?
WA lithium mine operators.
Overview
Temporary interest-free loans are available to offset the sudden and unexpected plunge in the price of lithium this year.
Check if you can apply
To be eligible, applicants must meet the following criteria:
- be actively operating a lithium mine in WA, producing at a commercial scale as of the application date
- have an ongoing operation with no plans to enter or be currently under care and maintenance
- nominate a single mine and clearly outline how the loan will be sued to sustain operations
- have a clear actionable plan and strategy to demonstrate the mining operations ongoing viability
- demonstrate that the project will support the retention of jobs at the relevant lithium mine, with evidence of current employment levels and positions at risk without financial support
- the lithium mine’s operations must be compliant with all required licenses, permits, and environmental approvals in accordance with WA Government standards
- the project must contribute to WA’s battery and critical minerals strategy, including advancing critical minerals production, sustaining jobs in the lithium mining sector, or supporting downstream processing initiatives.
Apply now
Apply for the Lithium Industry Support Program WA
Find out more about your eligibility and how to apply.
Learn how to applyContact information
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