Australia’s resources sector stands as a global powerhouse, consistently pushing boundaries and setting new benchmarks. To ensure this vital industry not only maintains but extends its world-leading position, continuous investment in exploration and innovation is absolutely critical.
We’re thrilled to announce that new funding for the Exploration Incentive Scheme is now live! This significant investment directly delivers on a key 2025 election commitment, showcasing a clear and unwavering vision for the future of our resources sector.
Designed with efficiency and support in mind, the scheme offers practical advantages to explorers. Recognising the complexities of project timelines, a crucial six-week extension has been granted to help streamline project completion, giving teams the flexibility they need to succeed.
Furthermore, the scheme’s co-funded nature means a collaborative approach, amplifying the impact of every dollar invested and fostering a stronger, more resilient exploration landscape. This ensures a shared commitment to unlocking new discoveries and securing future prosperity.
By empowering exploration, this initiative will drive economic growth, create new jobs, and solidify Australia’s reputation as a top-tier destination for resource development. It’s a proactive step towards ensuring our natural wealth continues to benefit all Australians for generations to come.
Source: Original Article
