They might aswell have written in the abstract that we are now at War...... they didn't quiet utilise the language, but no point burying the head in the sand that the US & China are currently in a Cold War
To tie it back to Renascor and Graphite (as requested), it will be interesting to see how we setup our offtake over the coming months. No doubt the landscape has changed for all Australian critical mineral projects over the past 12 months
Countries such as Australia, South Korea + Japan will be navigating their exports to ensure they play happy family to both sides. If Europe follows America's lead in its soon to be released Critical Minerals Act, that will add a further layer to what is fast becoming a battle to secure independent critical minerals
Everyone would know that our current 60Ktpa of MoU offtakes sits at 33% to China & 67% to Japan / North Korea
Our North Korean partner Posco is looking to build its operations within the USA and it is likely from their recent presentation that PSG from Siviour could be the feedstock for that US based plant if Posco choose to proceed
Its just the reality of the world we live in today, the mining industry (particularly for Critical and/or battery minerals) is undergoing a strategic shift !
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