Deals and financing (10)

1. 2026-05-21 · Offtake · announced

   Export Finance Australia (Critical Minerals Strategic Reserve) → Arafura Rare Earths · Nolans Rare Earths Project

   Arafura took a final investment decision on Nolans and received a non-binding EFA letter of support for potential purchases of up to 500 t/y of NdPr oxide under Australia's Critical Minerals Strategic Reserve.

   official release

2. 2026-01-07 · Government loan · announced · US$50 m

   Export Finance Australia → Meteoric Resources · Caldeira Rare Earth Project

   EFA issued a non-binding letter of support for up to USD 50 million of financing for Meteoric's Caldeira rare earth project in Brazil, alongside an earlier USD 250 million US EXIM letter of interest.

   official release

3. 2026-01-06 · Government loan · announced · US$50 m

   Export Finance Australia → Viridis Mining and Minerals · Colossus ionic clay rare earth project

   EFA issued a non-binding letter of support for up to USD 50 million toward Colossus project debt, complementing support from EDC, Bpifrance and BNDES.

   official release

4. 2025-10-21 · Equity investment · signed · US$100 m

   Export Finance Australia (Critical Minerals Facility) → Arafura Rare Earths · Nolans Rare Earths Project

   EFA gave conditional approval for an equity investment of up to USD 100 million in Arafura under the Critical Minerals Facility, announced alongside the US-Australia critical minerals framework.

   official release

5. 2025-10-21 · Government loan · announced · US$200 m

   Export Finance Australia; Export-Import Bank of the United States → VHM Limited · Goschen rare earths and mineral sands project

   VHM received a non-binding EFA letter of support for up to AUD 75 million and an updated US EXIM letter of interest for up to USD 200 million (15-year term) for the Goschen project.

   official release

6. 2024-12-09 · Government loan · announced · EUR 120

   Export Finance Australia → Vulcan Energy Resources · Phase One Lionheart

   Export Finance Australia conditionally approved a EUR 120 million (about AUD 196 million) commitment to the debt financing of Vulcan's Lionheart geothermal lithium project in Germany.

   official release

7. 2024-12-06 · Government loan · signed · AUD 475

   Australian Government (Critical Minerals Facility, Export Finance Australia) → Iluka Resources · Eneabba Rare Earths Refinery

   The Australian Government offered up to AUD 475 million in additional finance for Iluka's Eneabba rare earths refinery, on top of the AUD 1.25 billion Critical Minerals Facility loan agreed in 2022, conditional on satisfactory offtake.

   official release

8. 2024-04-17 · Government loan · signed · AUD 400

   Export Finance Australia; Northern Australia Infrastructure Facility → Alpha HPA · Gladstone high-purity alumina facility

   EFA (AUD 200m, via the Critical Minerals Facility) and NAIF (AUD 200m) provided a AUD 400 million loan facility for Alpha HPA's high-purity alumina plant in Gladstone, used in battery and LED supply chains.

   official release

and 2 earlier deals