The Victoria Government has announced new funding aimed at boosting manufacturing opportunities and job creation through the development of its critical minerals sector, with grants now open to support early-stage work on antimony processing.
In a news release, Minister for Energy and Resources Lily D’Ambrosio said businesses, universities, researchers and industry groups are being invited to apply for a share of $1 million under the Advancing Antimony Grants to explore how a local processing industry could be established.
The initiative focuses on assessing the feasibility of building a modern facility to process antimony within the state.
Antimony, a critical mineral used in products such as electronics, batteries and fire-safe materials, is in growing demand globally. Victoria is home to Australia’s largest known antimony deposits and hosts the country’s only operating antimony mine at Costerfield.
According to the government, processing the mineral locally could significantly expand employment across mining and manufacturing, with estimates suggesting the number of supported jobs could potentially double if value-adding activities are developed within the state.
Research by the Geological Survey of Victoria has also indicated the possibility of additional antimony deposits in Central Victoria, which could further increase opportunities for investment and employment.
“These grants are about creating good local jobs and making sure more of Victoria’s minerals are processed right here at home,” D’Ambrosio said. “Communities across central Victoria have generations of mining and manufacturing experience and this is about backing that local expertise to create more local jobs.”
Minister for Industry and Advanced Manufacturing Colin Brooks said the initiative aligns with the state’s broader economic strategy. “This is about building a strong manufacturing future in Victoria with secure jobs and long-term economic benefits,” he said.
The program forms part of the government’s Critical Minerals Roadmap, which aims to strengthen domestic supply chains and increase the value derived from natural resources.
Applications for the grants are open until 23 June, with Resources Victoria set to host an information webinar in May to guide prospective applicants.
More information is available at resources.vic.gov.au.
