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New round of exploration grants opens

Round six of the Collaborative Exploration Initiative has opened, offering up to $2.5 million worth of grants to help Queensland explorers find the minerals needed to charge the renewable energy revolution.

Resources Minister Scott Stewart said the funding would allow resources companies to test innovative and creative ideas which may lead to the next big mineral discovery.

“Exploration leads to more projects and jobs in the future which is important as part of our economic recovery plan from COVID-19,” Mr Stewart said.

“Right now we are in the midst of an exploration boom right here in Queensland.

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Funds to ‘supercharge’ new economy minerals push

The State Government aims to 'supercharge' exploration for new economy minerals with $10 million in grants to be released under the second round of its COVID-19 fightback plan.

The package announced today also features a $650,000 investment in the mining equipment, technology and services sector.

Premier Annastacia Palaszczuk said $10 million in exploration grants would speed the development of new mines to take advantage of high domestic and international demand in the growing “green economy”.

“This funding boost is part of the second stage of our Unite and Recover for Queensland Jobs plan, as we take. . .

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