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Aspiring Materials secures $15 million in government funding for its $31 million critical minerals plant in Southland, aiming to create value from quarry waste and produce green hydrogen.

Aug 12, 2026•about 2 hours ago
SouthlandManufacturingEnergyRenewable Energy

Description

Aspiring Materials has been allocated $15 million from the Regional Infrastructure Fund to build a $31 million commercial facility in Southland. This will be the company's first plant at full commercial scale, following a pilot plant in Christchurch. The facility aims to process olivine rock to extract essential materials while producing green hydrogen as a byproduct. The project is expected to create up to 200 full-time jobs at full capacity.

Company Information

Company

Aspiring Materials

Location

Southland, New Zealand

About

Aspiring Materials is a Christchurch-based company developing innovative processes for extracting critical minerals and producing green hydrogen. The company focuses on sustainable practices, utilizing quarry waste to derive valuable materials such as magnesium, silica, and nickel hydroxide. Its patented technology, developed from research at the University of Canterbury, aims to support New Zealand's shift towards clean energy and advanced manufacturing. Aspiring Materials seeks to strengthen domestic supply chains and enhance local industry resilience.

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