Australia’s CEFC invests $75m in homegrown critical minerals

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Australia’s CEFC invests $75m in homegrown critical minerals
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In an effort to supercharge Australia’s critical mineral supply chain, the Clean Energy Finance Corporation is investing $75 million in mining-focused alternative investments firm Resource Capital Funds .

RCF’s flagship private equity fund will bring much-needed capital to Australian mining projects, generating ambitious decarbonization goals in the hard to abate mining sector, stated CEFC in a press release. The majority of the CEFC’s investment will drive decarbonization within Australian mining operations. An option to invest a minority portion in aligned mining operations around the world has the potential to reduce global emissions in this sector.

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