Government · 1 deal
Every published round Powering the Regions Fund took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Simcoa Operations | Grant | 20 Mar 2025 | $39.8m | Lead | @AuManufacturing (Sun 23 Mar 2025), @AuManufacturing (Fri 21 Mar 2025) |
Companies Powering the Regions Fund has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Simcoa Operations | 20 Mar 2025, Grant | 1 | 1 |
Fund closes reported for Powering the Regions Fund, as distinct from the investments it has made.
Companies Powering the Regions Fund has backed that another company then bought. An exit for the holding, not a deal Powering the Regions Fund did.
Stories naming Powering the Regions Fund. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Tasmania's Boyer mill, Australia's last newsprint maker, has won a $24m federal commitment to replace coal boilers with electric ones; the piece also recounts the site's ownership history and past government support.
Weekly most-read roundup: a NSW lean-manufacturing program opens, Simcoa wins a $39.8m grant, First Graphene ships additive to the UK, Oceania Glass collapses, and a battery-recycling profile.
The federal government has awarded Simcoa Operations $39.8 million to replace coal with charcoal in silicon production, lowering emissions at its WA plant and strengthening domestic solar manufacturing.
Federal grants totalling $91 million go to six industrial decarbonisation projects, including coal mine methane abatement, smelter upgrades and refinery electrification, drawing criticism from the Australian Conservation Foundation over the coal award.
Canberra has allocated $330 million from its Powering the Regions Fund to nine industrial decarbonisation projects, with named grants for Cement Australia, Adbri, Queensland Alumina and the Murrin Murrin nickel-cobalt operation.
Canberra's first critical-industry grants send $135.8m to Bluescope for a Port Kembla furnace refit and $63.2m to Gupta's Liberty Steel for a low-carbon Whyalla furnace.
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.