Media Centre

The Northern Australia Infrastructure Facility (NAIF) has approved a $12.5m loan to help fund the development of Australia’s first substantially Indigenous owned and operated iron ore mine.

A Western Australia company developing a sulphate of potash (SOP) project is the latest beneficiary of financial assistance from the Northern Australia Infrastructure Facility (NAIF).

Beyondie Sulphate of Potash Project (Investment Decision February 2019)

EcoMag Limited advances to NAIF's due diligence phase in its mission to convert waste salt water into high purity magnesium. Australian-based company.

The Northern Australia Infrastructure Facility (NAIF) today announced its latest Investment Decision, to help finance the development of the Thunderbird Mineral Sands Project, one of the world’s largest and highest-grade zircon and titanium dioxide deposits located in the remote West Kimberley region.

NAIF’s second Investment Decision to benefit Western Australia is to finance the upgrade of a public road leading to one of the world’s largest lithium ore deposits. It will provide multi-user benefits for years to come.

The Onslow Marine Support Base (OMSB) financing through the Northern Australia Infrastructure Facility (NAIF) has reached a key stage, with the signing of loan documents for the project by the Western Australian government, as the lender of record.

The diverse range of potential infrastructure in Western Australia’s north has been highlighted in a speech by NAIF CEO Laurie Walker at an event in Perth, which was also attended by the NAIF Chair Ms Sharon Warburton and Peter Ross, NAIF’s Executive Director Origination with responsibility for Western Australia relationships.

The NAIF Board has made its first Investment Decision regarding the Onslow Marine Support Base with financial assistance of around $16.8m for a multi-user infrastructure port and marine supply project.