Ann: Complementary Royalty Funding for Mt Carbine Development, page-20

another interesting find. This is from the Coppo report. Doesn't refer to tungsten, but the vibe is very much in tungsten's wheelhouse. Unfortunately, the market doesn't understand that part yet.

Copper, lithium, nickel, cobalt and rare earthelements

1. Former US ambassador and federal treasurer Joe Hockey has warned that America is “going to go nuts” if China cuts critical minerals exports in coming months, as the US Defence Department steps up its plans to bankroll major resource projects in Australia.
2. The US Commerce Department has unveiled sweeping regulations limiting the sale of semiconductors and chip-making equipment to Chinese customers, and there are fears China may retaliate by reducing US supplies of critical minerals, which include copper, lithium, nickel, cobalt and rare earth elements.
3. All are needed for the manufacture of electric vehicle batteries, renewable energy and military technology.
4. The US is moving to reduce its reliance on China for critical minerals, and in August the Biden government granted Australia preferred status to help drive its electric vehicle battery program.
5. “I can say to you, in discussions with the Department of Defence in Washington, they are heading down the path of putting money into Australia for specific projects that will guarantee a supply chain for the US.
6. “They’ve never really done that before. They’ve never used taxpayer money to invest in another country in order to get a guaranteed supply chain in critical areas. That’s an opportunity for Australia,”
7. “In truth, Australia is about to become a very significant supplier to the US and Western allies, national security companies and the bigger prime industry. We are in an incredible position and we are well under way getting involved with it.”