The Queensland government has offered ASX-listed Australian Mines a conditional financial support package for the development of its Sconi cobalt/nickel/scandium project.
The support package will be funded from the government’s A$175-million Jobs and Regional Growth Fund and will be subject to a number of conditions. Assistance from the Jobs and Regional Growth Fund will contribute toward two stages of the project’s development, from preliminary works through to, and including, establishment of the mine and processing infrastructure works.