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| New Zealand critical minerals funding |
Strategic Investment to Boost Domestic Processing and High-Value Industries
New Zealand’s government pledges NZ$80 million ($48 million) to develop and process critical minerals. This investment supports domestic production of copper, cobalt, phosphate, and tungsten. Meanwhile, funding comes from the NZ$1.2 billion Regional Infrastructure Fund, which combines loans and equity for approved projects.
The government targets regional areas with rich critical mineral deposits. Minister Shane Jones emphasizes positioning New Zealand at the forefront of high-value industries. As a result, both existing and new projects applying to the RIF will receive prioritization for financial support.
The critical minerals strategy, launched in 2025, aims to strengthen local refining capacity. In contrast to past years’ energy shortages and rising costs, the government seeks economic growth through industrial and energy reforms. Therefore, strategic investments could enhance long-term supply security for global markets.
ScrapInsight Commentary
New Zealand’s $48 million critical minerals initiative signals rising importance of domestic supply chains for copper, cobalt, and tungsten. Analysts expect positive impacts on local refining capacity and export potential. The strategy may also accelerate investment in recycling and sustainable extraction practices.
