Today's news; ARU granted conditional approval for an Aust Gov 15y loan of USD550M to underpin the financing package for establishment of their REE mine in the NT, which is expected to be processing ore to oxides and exporting by 2027. External financiers are being asked for a further $500M.
Niobium is considered a "Critical Mineral" https://www.ga.gov.au/scientific-topics/minerals/mineral-resources-and-advice/australian-resource-reviews/niobium
Should we expect this sort of assistance?
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