Strong demand for exploration grants
A record 145 explorers have put their hand up to share in $2.8 million of funds as part of the latest round of the Collaborative Exploration Initiative grants.
That is more than double the interest from previous rounds.
Explorers have the chance to receive grants of up to $200,000 that encourage innovation in exploration techniques to establish the resource projects of the future.
The demand for the next generation of minerals is already being driven by emerging technologies like electric vehicles and renewable energy products.
As these technologies become more sought after, so too will demand for minerals such as silica, Titanium, Lithium and Vanadium also rise not just across the state or nation but across the world.
Queensland is perfectly placed to meet these needs moving forward
A panel of six industry experts will now consider all applications and decide on the successful applicants.
Successful candidates will be announced on 15 July.
Last updated 3 June 2020