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.
ALK chart, page-38
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