not sure if anyone else has posted this news story fro 4 days ago
see http://www.theaustralian.com.au/bus...s/news-story/6e660cefdac26b6de3a624469455dd37
The NSW government recently wrote to Mr Ciobo seeking federal assistance with Alkane Resources’ $1bn rare-earths project in western NSW, which would supply raw materials used in construction of renewable energy wind turbines and high-temperature jet engines.
Alkane’s technical director, Ian Chalmers, saidit was becoming more difficult to secure finance from retail banks. In Alkane’s case, the bankers’ reluctance was driven by a lack of commercial understanding of the sector rather than activism.
Mr Chalmers said the changes to Efic rules would open another potential source of finance for its project.
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Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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