Investment Decision Notifications

Construction of an expanded processing facility at the existing Butcherbird site, increasing manganese concentrate production capacity from 360Ktpa to 1.1Mtpa. 

Loan

Up to $50m

$909.1m in Gross Regional Product (GRP) to the Pilbara region, 149 jobs during construction and 229 jobs during operations over 18 years.

Please refer to the project page by clicking on the link below this table.

For the purposes of providing social, affordable and specialist disability accommodation (SDA). 

Loan

Up to $140m

$140.8m (during construction and over 20 years operational lifetime) and 322 jobs (290 during construction and 32 during operations)

Please refer to the project page by clicking on the link below this table.

For the purposes of delivering an upgrade capex program at the Cairns and Mackay Airports (Project).

Loan

Up to $155m

$1.4b (during construction and 20-year operational lifetime) and 2,002 jobs (505 during construction and 1,497 during operations)

Please refer to the project page by clicking on the link below this table.

The Alpha HPA First Project involves the development of a full-scale commercial plant and associated site infrastructure which will produce high-purity alumina (HPA) and related high-purity aluminum products.

Loan

Up to $200m

$437.4m (during construction and 20-year operational lifetime) and 693 jobs (489 during construction and 204 during operations).

Please refer to the project page by clicking on the link below this table.

The Nolans Rare Earths Project comprises the development of a rare earths mine and processing facilities (including beneficiation, extraction, and separation plants).

Loan

Up to $200m

$1.4b (during construction and 29.25-year operational lifetime) and 334 jobs (during construction and operations).

Please refer to the project page by clicking on the link below this table.

Mount Morgan Gold Mine

Loan

Up to $66m

$849m (during construction and over 6-year operational lifetime) and 400 jobs (250 during construction and 150 during operations).

P680 Expansion Project

Loan

Up to $125m

$1.4b (during construction and over 18-year operational lifetime) and 675 jobs (355 during construction and 320 during operations).

Development of the Perdaman Urea Plant

Loan

Up to $220m

$8.5b (during construction and over 40 years operation lifetime) and 2,490 jobs (during construction and operations).
Public benefit amount is calculated collectively with the Pilbara Ports Authority Port of Dampier Cargo Wharf Project and Water Corporation Burrup Scheme Upgrade Project.

Infrastructure related to the development of the Thunderbird Mineral Sands Project which comprises a mine, process plant and non-process infrastructure.

Loan

Up to $160m

$1.85b (during construction and over 40-years operational lifetime) and 570 jobs (225 during construction and 345 during operations).

Development of critical infrastructure to support the Perdaman Urea Plant including the expansion of the Burrup seawater supply and brine disposal scheme.

Loan

Up to $95m 

$8.5b (during construction and over 40 years operation lifetime) and 2,490 jobs (during construction and operations).
Public benefit amount is calculated collectively with the Perdaman Urea Plant and Pilbara Ports Authority Port of Dampier Cargo Wharf Project.

Development of critical infrastructure to support the Perdaman Urea Plant including a new multi-user bulk export wharf, including berth and landside at the existing Port of Dampier.

Loan

Up to $160m 

$8.5b (during construction and over 40 years operation lifetime) and 2,490 jobs (during construction and operations).
Public benefit amount is calculated collectively with the Perdaman Urea Plant and Water Corporation Burrup Seawater Brine Disposal Scheme.

The project is a proposed financing partnership with the Northern Territory Local Jobs Fund to deliver a growth capex concessional lending program in the Northern Territory. Eligible projects will be across multiple business sectors.

Unsecured limited recourse loan to Northern Territory Local Jobs Fund (through Northern Territory Treasury Corporation) for the purposes of onlending of secured loans.

Up to $50m 

$110.1m and 532 jobs (during construction and operations).

The project will enable Alliance to relocate the heavy base maintenance of its entire aircraft fleet, which since 2015 have been serviced predominantly overseas.  The benefits of the Project to Alliance include cost control and operational certainty around its long-term aircraft maintenance plans for its expanding fleet.

Loan

Up to $30m 

$342m (during construction and over 30 years operational lifetime) and 198 jobs (100 during construction and 98 during operations).

The Kimberley Cotton Gin Facility will comprise a two-stand gin module and ancillary infrastructure.

Loan

Up to $32m

$248m (during construction and over 30 years operational lifetime) and 61 jobs (30 during construction and 31 during operations).

Construction of road, water infrastructure, rail, power supply infrastructure and coal handling preparation plant.

Loan

Up to $175m 

The development of salt and sulphate of potash production facilities, and a port facility.

Loan

Up to $450m

On 28 September 2021 the NAIF Board made an Investment Decision to offer an additional Financing Mechanism of $40 million to support the project.
For the purpose of Section 17(2) of the Investment Mandate details of that additional decision are as set out above for the original BCI Minerals decision, except as follows:

Up to $40m

Infrastructure associated with second stage of expansion.

Loan

Up to $24.2m 

Package of capital expenditure programs including digital infrastructure.

Loan

Up to $76m 

Construction of a 12MW capacity gas power plant and a 10MW capacity solar farm.

Loan

Up to $37m 

Development of the Project to allow for mining operations, beneficiation, minerals separation processing and associated infrastructure to produce 23.4Mtpa of mineral sand products.

Loan

Up to $150 million 

Construction of a new Education and Community precinct in Darwin city (“CDU City Campus”) and the repurposing of the existing campus at Casuarina.

Loan

Up to $151.5m 

Construction of a six-level car park facility at the Mater Hospital, Pimlico Campus in Townsville. This car park is a critical part of the hospital’s three stage redevelopment.

Loan

Up to $19.75m 

Construction of a new student accommodation facility.

Loan

Up to $46m 

Construction of an open access multi-user ship lift facility and associated marine industry infrastructure.

Loan

Up to $300m 

Construction of multi-user social infrastructure comprising multi-sport high-performance training spaces, sports medicine and sports science laboratories, community spaces and a full-sized training field, in addition to administrative office space.

Loan

Up to $20m

Construction of an on-farm, greenfield specialist service, beef processing facility with onsite accommodation for up to 70 employees and other ancillary amenities including office, amenities, lairage, waste water treatment, dry store building, irrigation system and supporting water, energy, telecommunications, road and IT infrastructure.

Loan

Up to $25m 

Construction of a 250MW pumped storage hydro project.

Loan

Up to $610m 

Infrastructure including  a 60MW solar PV power station; transmission infrastructure; switchyards; and substations to supply electricity.

Loan

Up to $90m 

A range of investments as part of an infrastructure expansion package across airport sites in Darwin, Tennant Creek and Alice Springs including:

• the construction of a freight and cold storage and an export hub at Darwin International Airport;
• solar energy farms at Darwin, Tennant Creek and Alice Springs along with an off-site multi-user battery; and
• upgrades to Alice Springs Airport including the resurfacing of the airport’s runway, taxiways and apron and installation of new runway lighting.

Loan

Up to $150m 

Redevelopment and expansion of the Townsville Airport Passenger Terminal including substantial refurbishment of the terminal (such as doubling the capacity of the departure lounge, new boarding gates, expanded security areas and the installation of self-check in and bag-drop facilities), better road access and an upgrade to core infrastructure.

Loan

Up to $50m 

Building of a Technology Innovation Complex, a 10,000m2 centre for students, industry partners and researchers.

Loan

Up to $96m 

Airport runway, taxiway and apron upgrade, runway lighting and provision of contractor accommodation.

Loan

Up to $27.5m

Development of a solar farm,  a medium fish nursery, processing equipment and adult fish feeding systems.

Loan

Up to $7.18m 

Development of a marine supply facility including wharf and harbour expansion.

Loan

Up to $16.8m