I know.
At an earlier time, when REE's thing with Shenghe was a thing, REE was set to announce a number of AU partners for its planned trading company. It was very strongly suggested (by JR) that ILU was going to be the first partner.
So there is a relationship there. What that relationship currently is, who knows. Maybe it will turn into something further, maybe it won't.
Ann: Initial Assays Confirm High Grade Primary REE and Niobium, page-8
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