To me it makes sense that the rapidly evolving funding landscape for "green" projects in the EU has played a part in parting ways with LKAB as a JV partner for now. Fingers crossed that it leads to a better deal for us in the future.
I dare say that any potential funding from the EU would be forthcoming after permits are granted. It's probably a condition of the funding program.
the delays are frustrating, especially while others (NVX) are taking off, but at this point I don't see it changing where we will be in 2025 and I'm not going to get worked up about investment strategies that could've played out better if I had a crystal ball to see into the future
Ann: Tripartite LOI Update, page-236
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