News: ARU Australia to provide $550 mln for country's first rare earths mine and refinery, page-68

Well Penny Lynas does not refine to finished products - the concentrate is finished/separated at Lamp Malaysia - therfore the headline is correct and we are far ahead of Iluka as observed by critical support from the Gov. Don't get me wrong Lynas are special.

The Gov have realized the challenges for companies in the critical minerals sector of project financing to get to production - shorting by? well one could assume! preventing companies to raise capital at fair value to progress to development and this Gov support is clear evidence - acknowledges that fact and more will follow from the Govs additional 4 billion. Perhaps a signal the Gov may go one step further and follow other key countries and ban short selling or place heavy restrictions to make Australia a fair competition - given Australia's competitiveness on the global trade is being manipulated all to often and our very own economy is being hindered by targeted interference.