I think this is the start of what's to come and finally Aus Gov are getting behind critical minerals with some big dollars being thrown around. It's a good starting pointing when there's funding being provided, and you would think that Nickel miners in Aus will be very happy with yesterday's announcement in particular First Quantum Minerals who has a JV with DRE, who also shut down their production due to Nickel pricing last year and you would assume they would be super keen to get some of this funding. In terms of Aus being competitive i think the likes of US UK have already been looking into Aus for supply and have agreements in place to receive supply from here over the likes of China who have been dominate in this sector for too long also there's a human factor Aswell cheap labor. To be honest it's about time OZ gets in the mix of it all and be a top tier commodities supplier to the world.
DRE Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
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