Hamilton Locke is pleased to have advised QIC on its investment through the QIC Critical Minerals and Battery Technology Fund into Iltani Resources Limited (ASX: ILT). The transaction included an equity investment and royalty arrangement linked to future mining product sales.
The funding will advance exploration and development at Iltani’s Orient Silver–Indium Project in North Queensland. This project is strategically significant for Australia’s critical minerals sector, supporting the Queensland Government’s vision to position the region as a key global supplier of critical minerals essential for advanced technologies.
Commenting on the matter, Partner Peter Williams said:
“This investment demonstrates strong confidence in Iltani’s potential and reinforces Queensland’s role in the global critical minerals supply chain. We are proud to support QIC in advancing projects that underpin Australia’s energy transition and technological future.”
The Hamilton Locke team was led by Partner Peter Williams, supported by Zina Edwards, Amelia Prokuda, Emil Conradie, Christina Hooper, Matthew Butchard and Duyen Mai.
