IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 27 Jun 2017 | Removal date: open ended
Still in force

State loan

On 27 June 2017, the Clean Energy Finance Corporation (CEFC) of Australia announced the investment of AUD 20 million (USD 15 million) in bonds from Pilgangoora Operations Pty Ltd, who issued USD 100 million senior secured bond. The objective of the bond is to finance the development of a lithium-tantalum project located in Western Australia.

The purpose of the investment is to assist the supply chain for electric vehicles and energy storage industries.

Pilgangoora Operations Pty Ltd is a wholly-owned subsidiary of the local company ASX-listed Pilbara Minerals Limited.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

416 Other non-ferrous metals, cerments & articles thereos
8103 Tantalum and articles thereof, including waste and scrap.
810320 Unwrought tantalum, including bars and rods obtained simply by sintering; powders
810390 Other
464 Accumulators, primary cells & primary batteries; parts
8506 Primary cells and primary batteries.
850650 Lithium

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