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Press Release – Austvolt Receives $3 Million Investment from the Western Australia Government’s Investment Attraction Fund

We are thrilled to announce that we have been awarded a substantial grant as part of the Critical Minerals Development Program. This program, initiated by the Australian Government, aims to accelerate the growth of critical minerals projects in the country. We have received a grant of $5.5 million, which will enable us to establish Australia’s first Precursor Cathode Active Material (PCAM) manufacturing plant in Kwinana, Western Australia.

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Austvolt Receives Grant to Pave the Way for Critical Minerals Development

We are thrilled to announce that we have been awarded a substantial grant as part of the Critical Minerals Development Program. This program, initiated by the Australian Government, aims to accelerate the growth of critical minerals projects in the country. We have received a grant of $5.5 million, which will enable us to establish Australia’s first Precursor Cathode Active Material (PCAM) manufacturing plant in Kwinana, Western Australia.

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