QGL - to the moon?, page-3

The Australian Federal Government Budget measures for investment in industry could almost have been made with Quantum solely in mind.

Future Made in Australia Initiative

Future Made in Innovation Fund

Battery Breakthrough Initiative

National Battery Strategy

Critical Minerals National Productivity Initiative

Critical Minerals Production Tax Incentive

Powering the Regions Industrial Transformation Scheme

Community Batteries Funding

These are just made to measure initiatives to advance the Uley2 mine and the Sunpower JV.

At the same time in the USA new tariffs on EVs and graphite imports should turbocharge investment in battery anode plants - another initiative that specifically advances Quantum’s USA plans.

These are exciting times. At the least a new DFS is needed to increase the mine output from 100ktpa to 200ktpa to take advantage of all this.

New announcements should be forthcoming once Sal gets his head around all the possibilities.