Startup · $20m raised
Perth, WA
Every investor coverage indicates participated in a round Pilbara Minerals raised.
| Investor | Rounds | Invested |
|---|---|---|
| Australian Government | Grant | $20,000,000 |
| Modern Manufacturing Initiative | Grant | - |
Companies Pilbara Minerals acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Ken Brinsden | Managing Director | @AuManufacturing |
Stories naming Pilbara Minerals. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
WA's government has awarded $34 million from its Investment Attraction Fund to three decarbonisation projects: a Pilbara Minerals–Calix lithium plant, POSCO and Port Hedland Iron's briquetted iron venture, and International Graphite's Collie expansion.
Calix has banked a $20 million raising from institutions, with a second offering for existing holders flagged, to push its cement, steel and lithium decarbonisation technologies toward market; partner Heirloom closed a US$150m round.
Calix will build its Leilac-2 carbon-capture cement plant at Heidelberg Materials' Ennigerioh site in Germany after Hannover ended clinker production; the piece also notes Australian projects with Adbri, Boral and Pilbara Minerals.
Weekly roundup reporting eight Australian startups together raised $85.6 million across mining tech, cybersecurity, waste, energy storage, health and micromobility, plus a Google.org grant for Global Sisters.
Brisbane ore-scanning company Plotlogic has raised a Series B with Galvanise, Schneider Electric's venture arm and CSIRO's Main Sequence participating, the latter drawing on a freshly announced $450 million fund.
Also @AuManufacturing·SmartCompany·Forbes Australia·Forbes Australia
Calix and Pilbara Minerals report progress on their joint lithium demonstration plant in Western Australia, with a final investment decision expected around end of July and federal program support behind the project.
Climate Energy Finance analysts review Australian federal and state programs backing critical minerals projects, covering government grants, low-cost loans, new budget funds and the private equity raises and debt facilities they catalysed.
Pilbara Minerals and Calix have settled terms for a joint venture to demo a low-carbon lithium salt refining process, backed by a $20 million government grant; Calix separately holds an $11 million capture grant.
Calix received four government funding injections in one week: grants for low-emissions lime, lithium refining and carbon capture projects with Adbri, Pilbara Minerals and Boral, plus an R&D tax incentive refund, totalling $66.19 million.