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METS Ignited welcomes the announcement of eight companies in the Resources Technology and Critical Minerals Processing sector, that will benefit from a share of $50 million matched funding, under the Federal Government’s Modern Manufacturing Initiative (MMI).

Under the MMI Integration and Collaboration Streams, the funding will support the successful projects to capitalise on the growing demand for battery systems and the critical minerals associated with their production, and increase Australia’s international competitiveness as leaders in these areas.

The eight companies are a mix of regional and metropolitan based businesses scaling up local downstream processing of critical minerals; adding value to battery and clean technology supply chains, through onshore production of battery storage systems and adoption of low emission technology across the mining sector.