# Australian government approves $180 million loan for Donald Mineral Sands rare earths mine

The Australian Federal Government approved $180 million in conditional financing to Donald Mineral Sands for its rare earth and critical minerals mine near Minyip, Victoria. Export Finance Australia approved $70 million and the National Reconstruction Fund approved $110 million.

- Type: Investment
- Announced: 2026-10-28
- Where: Minyip, Victoria, Australia
- Value: $117.0M (180.0M AUD)
- Jobs: 200
- Status: announced
- Products: rare earths, critical minerals
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Donald Mineral Sands](https://endata.com/companies/15579.md)
- [Astron Limited](https://endata.com/companies/15580.md) (partner)
- [Energy Fuels Inc](https://endata.com/companies/15581.md) (partner)
- [Export Finance Australia](https://endata.com/companies/15582.md) (investor)
- [National Reconstruction Fund](https://endata.com/companies/15583.md) (investor)

## Sources

- [theweeklyadvertiser.com.au](https://theweeklyadvertiser.com.au/articles/180-million-loan-approved-for-dms/), 2026-11-04: "The Federal Government has approved $180-million in conditional financing to Donald Mineral Sands for its rare earth and critical minerals mine near Minyip."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.